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Profit=100Q-5000-0.2Q^2. What is the price of widgets? What is the total cost function? if output is 200 units what is the variable cost and total cost?
What is the MC of producing additional engine? What is the MC of producing and additional cycle? Find the firm's profit-maximizing quantity and price.
Select a non-monopolized product or service with which you are familiar and determine how the consumption of that product or service would differ if it were controlled by a monopoly.
What is the ratio of the marginal revenue product of labor to the price of labor (MRPL / PL )? What is the ratio of the marginal revenue product of capital to the price of capital (MRPK / PK )?
Grisham is being paid a lump sum of $5 million or whether he gets royalty payments of 25 percent of gross sales before you decide which price to charge. In which case will the book sell the most cop
Further suppose that the first worker hired produces 5 units per day, the second 4 units per day, the third 3 units per day, and so on. What is the firm's MRP for each of the first five workers?
The government increases the nominal money supply to 6. If velocity and output remain unchanged, by how much will the price level increase?
The first unit costs you $64 to product. If you receive a request for proposal (RFP) on a project for four units, what is your breakeven price?
The e-Activity, initially gaining a 12% market share. Discuss the steps the oligopoly should take to address this new competition.
What would be the new equilibrium exchange rate that would make purchasing power parity hold for laptops, if the U.S. dollar price and the Canadian dollar price stayed constant?
The state government collected all taxes due, but its tax revenues were equal to $40 million each year. What happened to the sales tax base between 2006 and 2007? What could account for this result?
Formulate a reason why the elasticity of demand is an important consideration when analyzing the impact of a shift in supply and why the elasticity of supply is an important consideration.
Others point to the fact that markets are not perfect. Consider both viewpoints and respond to both sides of the issue with your viewpoints.
Consider chip plants: potato and computer. Assume there is a large rise in the demand for computer chips and potato chips. How responsive to demand is each in the market period?
Unlevered project (Vu) = £150 million and PV(financing side effects) = £75 million. Find the present value of this project by using the Adjusted Present Value (APV) formula.
It violates the law to sell human beings at any age, but for every twenty legal adoptions there seemingly is one baby sale at a price up to $50,000. The generic term economists apply to the market p
Under what circumstances would you want to own a business that sells this product? In other words, how does an increase in price for this good affect your Total Revenue?
What is the opportunity cost of bicycles in terms of snowboards at Home? What is the opportunity cost of bicycles in terms of snowboards in Foreign?
Illustrate the free-trade equilibrium in the market for peanuts. Then show the quota's effects on domestic consumption, domestic production, imports, and price.
Is the Demand for this good Price elastic or Price inelastic? Justify your classification by talking about the determinants of elasticity as they apply to this product.
For each factor you identify, describe a situation in which it would facilitate apparent motion perception and one in which it would impair apparent motion perception.
suppose that people consume only three goods, as shown in the table: what is the percentage change in the price of each of the three goods?
In your current (or past) organization, were promotions based strictly on qualifications, as Weber suggested? What other factors were considered?
Given that the new company is now run as a monopoly, how will this benefit the stakeholders involved, such as the government, businesses, and consumers?
The three types of plants face the costs appearing in the table above. Assuming the city's power needs will not change in the foreseeable future, to achieve the lowest cost of power generation the c