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A firm produces a product in a competitive industry and has a total cost function (TC) of TC(q)=90+8q+2q2 and a marginal cost function (MC) of MC(q)=8+4q. At the given market price (P) of $18, the firm is producing 2.50 units of output. Is the firm maximizing profit? YES or NO What quantity of output should the firm produce in the long run? The firm should produce____unit(s) of output.
Kidney cancer drug delays cancer progression for six months, with no known side effects. An estimated treatment cost is $54,000. What is the cost per Quality Adjusted Life Year?
Determine the maximum number of lbs. of butter the economy can produce and
discuss how well each company meets your criteria. Also, rank the three companies based off this information and discuss which one is your top choice and why.
1. Evaluate Time Warner Inc's working capital position.
1. how has technology changed your relationship with specific businesses or organizations such as your bank your school
An integrated, combined cycle power plant produces 285 MW of electricity by gasifying coal. The capital investment for the plant is $570 million, spread evenly over two years. The operating life of the plant is expected to be o20 year.
The empirical evidence concerning the magnitudes of localization and urbanization economies.
chez henri is a restaurant chain that operates in 40 different cities. it hired an economist to estimate the factors
Suppose that government spending in support of education was increased
Is the Euro Zone an optimal currency area? Discuss whether the empirical facts support the theoretical conclusion that it is.
if you were the owner of an automobile company and decided to market internationally what kind of competition would
assume that every citizen of country x has the utility function of ux y 5x4y. say that x denotes cigarettes and y
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