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Q1. Suppose Qd x = 10000-2Px+3Py-4.5M, where Px = $100, Py = $50 also M = $2,000. Illustrate what is the own-price elasticity of demand?
Q2. Suppose you are to specify a short-run total variable cost (STVC) function for a nursing home. Please list the independent variables (up to 5) also elucidate why they are comprised. In addition, define the impact of every independent variable on the STVC
Q3. Why do firms experience diseconomies of scale as they increase production volume? Elucidate how might firms "avoid" experiencing diseconomies of scale also illustrate what does the long-run average cost curve look like when diseconomies of scale exist?
Elucidate that contract align the incentives of the new vice president with the goals of the owners.
A group of 20 doctors are considering forming a new medical group also has asked you to prepare a report on whether they should build a facility in an area.
Due to the global economic slowdown, we were benefiting from relatively low oil prices.
Suppose the interest rate lowered to 3.75%. What would be the market price of the bond.
Indicate two public policies that would be appropriate for addressing this situation. Explain their impact on your graph.
Explain how has the recent natural disaster in Japan influenced the provider of Toyota automobiles.
What is the most that Jo should be willing to pay the consultant for the information.
If you were a supplier to the furniture producer, would have chosen to see the analysis performed in physical sales units rather than dollars of revenue.
The biggest difference between Microsoft and software retailers is the market structure in which they operate.
Suppose the economy is in a recession and per capita disposable income is expected to decrease by 5%, then what percentage effect on sales would you expect to take place.
Illustrate what are the most important determinants of the demand function that a firm faces for the commodity it sells.
Illustrate what is the constant term if the equation for the demand curve is written in the form.
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