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Your coffee mug company is currently producing at an output level of 200 units per month. Fixed costs are $500 per month. At the current output level, you know that marginal cost is $10 and equal to average total cost. At an output level of 150, you have determined that marginal cost would be $6 and equal to average variable cost. The market price of coffee mugs is $8. If your goal is profit maximizing, should you continue at , increase q above 200, or reduce q below 200? Would you do better to shut down?
Synthesize the primary ways in which consumer and provider incentives work together to achieve cost reduction under the Affordable Care Act (ACA). Provide at least one (1) example of such synthesis to support your response.
1. suppose the demand for a product is given by p 100 - 2q. the supply is given by p 20 6q. if an 8 per unit excise
Find the domestic price of hula beans that will result if the tariff is imposed. Also compute the dollar gain or loss to domestic consumers, domestic producers, and government revenue from the tariff.
aerotron electronics is considering purchasing a water filtration system to assist in circuit board manufacturing. the
In imperfect competition, labour markets can lead to worker exploitation in terms of their wage rates they receive compared with wage rates in perfect competition. Discuss this opinion.
sometimes market activities production buying and selling have unintended positive or negative effects outside the
part-1q1 externalities are third party consequence of some other action. they can be positive or negative externalities
Under adaptive expectations, the short-term effect of an unanticipated shift to a more expansionary macroeconomic policy will be a:
Governments worldwide are turning to "protectionism" to cope with economic problems, imposing tariffs and subsidies on foreign goods and restrictions/incentives on their own firms to keep jobs at home. What are the strategic implications of this t..
Describe what would happen in market in terms of the supply and demand curve and What is the equilibrium Price and Quantity in the market?
use the data below to answer the following questionsinterest ratesupply of loanable fundsmillions investment demanded
what is a sensitivity analysis? how would you use it in planning for future expansions? what role does this kind of
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