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A firm is deciding between two different sewing machines. Technology A has fixed costs of $500 and marginal costs of $50. Technology B has fixes costs of $250 and marginal costs of $100. At what quantity is the firm indifferent between the two technologies?
Please include math, as I have many questions like this and would like to learn how to do it.
Suppose the emarginal cost of producing the good in before question is aconstant $ 10 per unit of output . What quantity of output will the firm produce.
If all firms in perfect competition have the same average revenue and pay the same price for inputs such as labor and materials, why do they not all have the same profit What is a natural monopoly Why is government justified in regulating a natural..
In order to accurately assess the capital structure of a company, it is necessary to convert its balance sheet figures to a market value basis. KJM Company's balance sheet as of today,
Some people against trade will argue that "trade makes workers become unemployment". ONLY based on H-O model, do you agree or disagree that "in thelong run, trade makes workers become unemployment". Why?
Write a research paper that explains the following theories: Demand Curve and relationship to price. Supply Curve and relationship to price.
Y = 20000 + 4000X. What would be the estimated value for the average increase in income from going to college for four years versus going to work directly out of high school?
List the four assumptions for the Monopolistic competition model. Now explain how the market will adjust in the long run and draw a corresponding graph for the representative firm in the long run. (Explain your answer.)
Making dresses is a labour-intensive process. Indeed, the production function of a dress-making firm is well described by the equation Q = L - L 2 /800, where Q denotes the number of dresses per week and L is the number of labour-hours per week.
Suppose Natasha currently makes $50,000.00 per year working as a manager at a cable TV company. She then develops two possiable entrepreneurial business opportunities
Question 1: The article calls for public policy initiatives to address animal welfare and environmental concerns associated with dairy farming. With reference to economic concepts covered in this course, explain why the government might want to in..
What was the result of the Kenedy tax cut of 1964? I believe it is that the unemployment rate decreased and the economic growth rate increased, yet I see sometimes where it states that unemployment increased
Suppose the economy has no income taxes or imports. How is the size of the expenditure multiplier related to the marginal propensity to consume? What is the multiplier if the MPC equals 0.25? If the MPC equals 0.50? If the MPC equals 0.90?
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