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There are 300 purely competitive farms in the local dairy market. Of the 300 dairy farms, 298 have a cost structure that generates profits of $24 for every $300 invested What is their percentage rate of return?
The other two dairies have a cost sturcture that generates profits of $22 for every $200 invested. Will the chnage in the number of firms affect the two that earn $22 for $200 invested?
What will be the rate of return earned by most firms in the industry in long-run equillibrium?
If firms can copy each other's technology, what will be the rate of return eventually by all firms?
the xerxes company is composed of a marketing division and a production division. the marketing division packages and
What is the equilibrium price and quantity of bonds in this market? What is the interest rate in this market, given your answers above?
according to milton friedman business has only one social responsibility - to make profits as long as it stays within
Why would a chain such as Marriott tend to own its hotels in resort areas, such as national parks, where there is little repeat business, and franchise hotels in down-town areas, where there is a lot of repeat business.
Go to the internet auction site eBay at www.ebay.com and pick the category Jewelry and Watches, followed by Loose Diamonds and Gemstones, and then Diamonds, Natural.
What is the responsibility of individuals in the cost of their care Are health savings accounts and high deductible insurance policies an approach that should be expanded What are the concerns for low-income individuals
Why might the Fed find it significantly easier to expand the money stock in a period of prosperity than in a period of recession?
A recent book was titled the end of management. Suppose the technology evolves in such a way that a high percentage of employees do not work in the company office. They telecommute or work offline. What then Is the role of management Is there one,..
Discuss a firm's objective relative to its economic cost. Describe each of the firm's economic cost, and whether these would be considered explicit or implicit. What is the difference between an economic profit and an accounting profit.
After few years, cost of production of Panadol increased due to increase in price of paracetamol (one of the main ingredient used in the production of Panadol). Due to this increase people started using Disprine instead of Panadol.
What happens to the demand curve and the supply curve when any of these determinants change. Give examples of scenarios that would cause a change in demand versus a movement along the same demand curve and supply curve for this product.
Suppose the price of c increases to 2, while income remains constant and what happens to the consumption of c and h? Are c and h substitute goods, complementary goods, or neither?
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