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Q. "Based on market research, a recording company obtains the following information about the demand and production costs of its new CD:Price=1000-10QTotal Revenue=1000Q-10Q^2Marginal Revenue=1000-20QMarginal Cost=100+10Q(P is the price in cents)
a. Find the price P and quantity Q that maximizes the company's profitb. Find P and Q that would maximize social welfarec. Calculate the deadweight loss from monopolyd. Suppose, in addition to above costs, musician on the album has to be rewarded. Company is considering 4 options.
Calculate the purchasing power parity exchange rate between the Swiss franc and the dollar. Based on your calculation, is the SF overvalued or undervalued.
Assuming that your opportunity cost funds interest rate is 5% which refrigerator would you buy and why.
Make sure to make available examples of real world to strengthen your position of wherever this might be case
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What can be said about the estimated slope coefficient for a regression of Y on X, versus the estimated slope coefficient for a regression of X on Y.
What is the cross elasticity of demand for pipes and pipe tobacco.
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