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a monopolist faces a demand curve given by p 40 -q where p is the price of the good and q is the quantity demanded the
suppose the number of firms you compete with recently increased you estimated that as a result of the increased
until recently marcos pizza sold a large pizza for 20 and they sell 250 large pizzas per week they just raised the
pretend the government plans to implement a 750 billion stimulus package focused on building roads in the us to help
suppose the tampa bay rays charge 10 for a bleacher seat and sell 250000 over the course of a season next season they
suppose that a firms technology is given by the following production functionfkl 6k16l161 prove that this production
tropical island produces only banana mango and coconut in the base year 2015 the island produced 1200 bunches of banana
suppose that a new entry has decreased your demand elasticity from -5 to -6 made demand more elastic and that your
federal transportation administration has introduced a new tax on train travel there are two types of travelers by
the past 500 years have seen divergence in gdp and growth rates between developed and undeveloped countries name 3
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the market for an agricultural product is modelled by the following demand and supply curvesdemand qdnbsp 800 -
assume that the nfl is considering expanding the league by placing a team in las vegas using a model for gate revenue
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both the government and businesses state there purpose os to serve people how do these two serve people with
why is it important to cite your sources in written works what are the benefits of following a formal citation style
is it true that sometimes directly related variables will graph as an up sloping line and sometimes they will graph as
bonzo is in business for himself making and selling easter baskets his daily cost for wicker is 100 and his daily
pat and patricia refinanced the mortgage on their home last year and made their first payment on october 30 of last
when the crop is growing you receive a warning from the government that a new disease has been found in some farms in
the marginal cost curve shows how-the cost of producing one more unit depends on the quantity that has already been
why would a monopoly decide on their own to increase production and lower prices to earn an acceptable profit rather
the firm can purchase labor l at a price w 64 and capital k at a price of r 9 what is the firms total cost function
it is understood that 32deg f 0deg c amp 212deg f 100deg c please explain how to utilize a trend curve to determine
a tax of 025 is imposed on each bag of potato chips that is sold the tax decreases producer surplus by 600 per day