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1.Will the rate of actual growth have any effect on the rate of potential growth?
Wyandotte Chemical Corporation sells many chemicals to automobile industry. Wyandotte currently sells 30,000 gallons of polyol per year at an average price of $15 per gallon.
Graph the demand and supply functions for sweatshirts and find the equilibrium price and quantity - what effect will an increase in the price of gym shoes (a complement) have on the equilibrium price and quantity of sweatshirts, all else constant?
Make some research on a topic known to economists as 'friction-free' or 'low-friction' economy. Early writers on this topic foresaw many of the seismic shifts that have occurred in the market place over last one to 2-decades.
Fit three possible statistical cost functions to the data. Use straight- line, quadratic, and cubic formulas and discuss statistical results. Include in your discussion R2, the coefficients, and the statistical significance of the coefficients.
What is the maximum capital cost of the conversion unit for which a refiner should proceed with the investment - Change the price delta for Jet Fuel & Kerosene from ($5) to zero. What is the maximum viable capital cost now?
Assume that the manager of a company operating in competitive market has estimated the company's average variable cost function to be AVC=4000-5Q+0.002Q^2
What is the profit maximizing price, output, and total profit and what would be the revenue maximizing price, output and revenue?
My doctor charges me a high fee because he has to cover the high cost of his education and equipment. On the other hand, my golfing teacher also charges me a high fee, even though his education is practically absent.” Is either one cheating or foolin..
One of the reasons Joseph Schumpeter argued that capital was doomed was because he predicted that big corporations would naturally shift away from risk-taking entrepreneurship in favor of low-risk managerial strategies.Has this happened?
How much is each pollution voucher worth to Company A on the margin (that is, what is it willing to pay for one more voucher)? To Company B?
"What must AutoEdge do," he says, "to obtain economies of scale with production? How do we know that it has achieved economies of scale? Conversely, how do we know if it is achieving diseconomies of scale?"
Using the regression results and the other computations from Assignment 1, determine the market structure in which the low-calorie frozen, microwavable food company operates.
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