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A monopolist with a marginal cost of MC = 5 + 10Q experiences a change in market conditions. The inverse demand curves rotate from P = 40 - 5Q to P = 47 - 2Q. What happens to the profit-maximizing price following the rotation of the demand curve?
A firm that has total fixed costs of $40,000 sells its output for $250 per unit and has an average variable cost of $150. If the firm's cost and revenue curves are linear, explain how much output must the firm produce to break even?
A firm with a kinked demand curve experiences an increase fixed costs. explain how the firm's price, output and profit change.
If the policy interest rate is near zero, what less conventional monetary policy tools might a central bank use to stimulate the economy? How do these tools work? In what way is central banking in the euro-zone area different from or similar to th..
1. conservative commentators in the us often attribute the slow recovery to market concerns about what obama might do
After Halloween some stores offer discounts on goods. What can we say is happening to the demand or supply curve for prices to come down What can we say about how consumers are reacting about the lower pricing
Kim deposits her annual bonus into a saving account that pays 8% interest compounded annually. The size of her bonus increases by $2,000 each year, and the initial bonus amount is $5,000. Determine how much will be in the account immediately after th..
how have you responded to increases in the price of gasoline over the past few years? how would you respond if the
Create another diagram; once again start from an initial macroeconomic equilibrium. Explain both the SR and LR impact of a contractionary AS shock on Y. Use the appropriate diagrams and provide a brief real world example of this type of shock.
alpha and beta two tiny islands off the east coast of tricoli produce pearls and pineapples. the
Why don't more U.S. companies transfer their operations to Mexico or China and take advantages of low wages in these countries? For example (ignoring geopolitical factors), what would cause an identical plant in China to be more productive or less pr..
Expectation the industry has for you is that you will research also write down relevant economic white papers for the pre-orientation of future deployed employees.
Suppose a UAW labor contract with General Dynamics is being renegotiated. Some of the many issues on the table include job security health benefits and wages. If you are an executive in charge of human resource issues at General Dynamics
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