Using the values of dol calculated above calculate the
For a given price P = $5, AVC = $3, and FC = $20,000, what is the DOL if the manufacturer is producing 15,000 units?
Using the values of DOL calculated above, calculate the profits for a 10% increase and 10% decrease in quantity.
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Supposed the USA and Canada are considering to trade. Assume there are only two goods in the economy; wheat and corn. USA 4 (units of wheat), 2 (units of corn); Canada 5 (units of wheat), 8 (units of corn). In this case, which country should pr
A new tennis court complex is planned. Both alternatives will last 18 years, and the interest rate is 7%. Use present worth analysis to determine which should be selected.
A sledge loaded with bricks has a total mass of 17.3 kg and is pulled at constant speed by a rope inclined at 19.4° above the horizontal. What is the mechanical energy lost due to friction
Is this technology characterized by economies of scale? What is marginal cost and how does it compare to average cost?
What is the expected value of the lottery? What is the variance of the outcomes?
Suppose that you bought an asset that pays 6% nominal interest rate, you expect that inflation rate to be 1%, and the actual inflation is 4%. Calculate the expected real interest rate and the actual real interest rate.
There are 168 hours in a week. Of these, about 60 hours will go to sleeping (more or less). That leaves 108 hours for which we have a choice in terms of how we will spend that time. Let’s assume that we will spend the 108 hours in either work o
A uniform chain of total mass m is laid out straight on a frictionless table and held stationary so that one-quarter of its length, L = 2.85 m, Determine the speed of the chain
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