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A local cable monopolist has demand and cost curves given by:
QD = 1000 - 2P
TC = 5,000 + 50Q
Find out the equilibrium price and quantity and illustrate with a graph. The government imposes a tax of $5.00. Find the new equilibrium price and quantity. Determine the total tax revenue earned by the government
Are any employees of your company represented by labor unions or covered by collective bargaining agreements? Are any of these employees working outside of the United States?
Assume Labor is the Variable Input. Capital and Land are the inputs which requires the longest time period before they can be adjusted. Explain the movement of the resources in both SHORT RUN and LONG RUN
After completing the Uruguay GATT round, S-land decided to conform to WTO. They implemented a tariff-quota. That is, a tariff, t, was defined as the exact difference between the domestic pric, Pd, and the world price, Pw, immediately before implement..
majuli the island country produces only lobsters and crabs. the following table gives the prices and quantities in
Price Elasticity of Demand facing you in your scenario, including actual calculation of it using the midpoint formula. If you can't find data, then determine the Price Elasticity from the Characteristics and make up numbers to use.
an essay about the us feds involvement in the great panic and discussing the housing bubble and sub prime loans.
Why can't marginal cost decrease forever? A monopolist facing different demand curves in two separate markets, maximizes profit by, In the case of a perfectly price-discriminating monopoly, under perfect price discrimination
Given a 15% raise in a good's price and a 25% decrease in quantity demanded for good by consumer, which of the following types of elasticity best describes the demand curve for the consumer?
Suppose the market for gelato is perfectly competitive, and that gelato is a constant cost industry. The long-run cost function for producing gelato is TC(Q) = Q^3 ? 2Q^2 + 5Q. The demand for gelato is Q = 300 - 2p. What is the long-run equilibrium p..
Determine which moral philosophy is most applicable to an understanding of the banking industry meltdown. Explain your rationale.
use the phillips curve to describe the tradeoffs between inflation and the unemployment rate both in the short-run and
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