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Q1. A firm in a purely competitive industry is currently producing 1000 units every day at a total of $450. If the firm produced 800 units every day, its total cost would be $300; also if it produced 500 units every day, its total cost would be $275. Illustrate what are the firm's ATC every unit at these three levels of production?
Q2. After wearing seat belts became malsoatory, drivers reacted by driving faster also less carefully. This is consistent with Illustrate what Principle of Economics?
What would happen to the amount of economic investment made today if firms expected the future returns to such investment to be very low.
A price index for nonresidential construction was 14 in 1949, 92 in 1987, and 114.5 in 2000. According to these numbers, what did the hospital cost approximately.
Explicate how firms decide on where to produce depending on the marginal product and average product.
The problem is that even though you have assigned values of a,b,c, SN thinks that f is also a function of t, for which you have not assigned a value.
Rusal believed the price of aluminum would fall because of the growing accumulation of inventories worldwide.
Illustrate what will be level of employment under monopsonistic conditions.
What performance % would you use to trigger executive bonuses for that year.
movements along the consumption function while changes in wealth lead to a shift of the consumption function.
Illustrate graphically the equilibrium of such a monopolistic firm.
Write down on a paper analyzing dissimilar approaches that might be used by Keynesian theorists.
Why might a company use an indirect cost discrimination scheme versus direct cost discrimination
Would Boeing's margin likely rise or fall if the yen then depreciated as well as competitor prices were unchanged.
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