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2. Consider the following functions:P = a - XAC = 20 - 2X + 0.1X2(a) If this firm was under perfect competition, what would be the efficient level of output in the long run?
Suppose that the market for gnomes is yet to reach equilibrium, and that the current price and quantity in the market for gnomes.
A firm conducted a research about the demographics of their customers. For the study they collected data about the following variables: gender, marital status, credit rating (low, medium, high), annual income, and age.
Research how externalities impacted the development of communication infrastructure- both positively and negatively and discusses a positive example of externality associated with the development of communication infrastructure and Explain why?
Pop Dillard keeps hundreds of dollars in his mattress, saying he's distrusted banks ever since the Great Depression. Does the money he holds in his mattress provide a service to him
What would be the present value of an item that has a salvage value of $25,000 at the end of four years?Assume a discount rate of 3.8% for an end-of-year factor?
Suppose that the government increases taxes and government purchases by equal amounts. What happens to the interest rate and investment in response to this balanced-budget change. Does your answer depend on the marginal propensity to consume.
Derive the equation for the sort-run aggregate supply curve, given that the nominal wage rate equals 50. Compute the amount of short-run aggregate supply when the price level equals 2.0, 1.25, 1.0, 0.8, and 0.5. graph the short-run aggregate suppl..
The Swiss pharmaceutical global corporation Hoffman-La Roche has made a major breakthrough in the relief of a serious disabling disease that affects 3 percent of the world's population. Its new product Tigason is the first product that effectively..
If a small country wants to protect its domestic producers from more efficient foreign competition by imposing an import tariff, will it come out ahead Do consumers lose when a large country protects it's less efficient producers from foreign comp..
Are you in favor of either deficit spending on the part of government or one of a balanced federal budget and budget surpluses?
What is the most you would pay to call her and ask for the result? Be sure to show the decision tree that fuels your reasoning.
how do these factors affect the elasticity of demand and what would happen if there was a change in these factors
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