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A firm sells its product in a perfectly competitive market where other firm charges a price of $90 per unit. The firm's total costs areC(Q) = 50 + 10Q + 2Q2. How much output should a firm produce?
discus the various measures that may be taken by a firm to counteract the evil effect of a trade cycle
if the price elasticity of demand is computed for two products, and product A measures .79 , and product B measures 1.6 , then ? a. product A is more price elastic than product
Q. State the Marginal Productivity Theory. What are its features and assumption? Marginal Productivity Theory of distribution states that in a capitalist economy the demand for
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what does a weaker dollar to a) raise inflation and contract the economy b) reduce inflation and contract the economy c) raise inflation and expand the economy d) reduce inflation
Q. Equilibrium in the labor market? Equilibrium in the labor market Real wage W/P will be equal to the equilibrium real wage in the classical model
Members of the Organization for Economic Cooperation and Development are: 20 countries formerly signed the Convention on the Organization for Economic Co-operation and Develop
compute: credit multiplier, maximum change in the money supply
State the macroeconomic policy The view that macroeconomic policy must only focus on supply-side performance of economy and should ignore management of the demand side is an ex
How much will your firm's total revenues (revenues from both products) change if you increase the price of good X by 2 percent?
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