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A competitive firm has a short-run total cost curve STC (q)= 0.1q^2 +10q +40
a. Identify SVC and SFC.
b. Find and plot the SAC and SAVC curves.
c. For this function, the SMC curve is given by SMC (q)= 0.2q +10.Include this curve in your diagram for part b.
d. Write the equation for the firm’s short-run supply curve and indicate it in the above graph.
e. Find the firm’s break-even price e p (at which profits are zero) and its shut-down price.
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Illustrate what would occur to the level of domestic investment.
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According to Wade, higher corporate ___________________ tend to make for more financial fragility than do lower ones.
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Suppose a small, relatively poor country decides to pursue trade and financial sector liberalization, opening up its economy to international transactions with the rest of the world in goods, services, factor services and assets. Assume it will follo..
The firm’s production function is Y = min {A/4; 2B} + 5C. Suppose that the price per unit of input A is 2 euros, the price per unit of input B is 6 euros, the price per unit of input C is 30 euros. What is this firm’s minimum cost of producing 40 uni..
Which of the following is the best example of the opportunity cost of running your own business?
The following figure plots the average farm prices of potatoes in the United States for the years 1989 to 1998 versus the annual per capita consumption. Each point represents the price and quantity data for a given year. Explain whether simply drawin..
Critique a human resource article which study employee development (appraising and managing performance, training the workforce, developing careers). The critique must contain the following: -A brief introduction of the article A statement of the pro..
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