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Given a firm has a demand function of: P = 45-4Q and average cost function of: AC= 1.5Q+25+26/Q Calculate the values of the following when profit is maximized: i. TR and Total Cost ii. Average revenue and average cost iii. MR and MC iv. Profit
The expected return to a U.S. resident from putting funds into a Mexico peso deposit yielding a simple annual nominal return of 12% while the U.S. dollar is expected to depreciate at a simple rate of 20% over the year would be a simple rate of ______..
If the price elasticity of demand for a product is equal to 4, a 1 percent increase in price of the product will cause the quantity demanded to _____ by _____ percent.
Explain how does imposing rent controls affect the number of housing units available to low-income families
q.in the cagan model if the money supply is expected to grow at some constant rate m sothat emt s mt sm then equation
Distinguish between ethical rights and obligations from the perspective of accountants and auditors
Depict the von Neumann-Morgenstern utility index u in a diagram
In the table you just filled out, find where diminishing marginal productivity begins. Specifically, which is the first worker to add less marginal output than the previous worker?
Calculate the four combinations of outputs of corn and rice for these 4 plans.
An ice cream company has hired two sales persons to run two ice cream stores on a beach. These two employees will receive a fixed salary regardless of the number of ice creams that they sell and they have to charge the same price set by the company. ..
Do dynamic tensions manifest themselves in different ways depending whether the friendships are face-to-face or online? Are these tensions resolved differently in face-to-face and in social networking interactions?
q. in 2002 roma was a schoolteacher and earned 40000. but she enjoys creating cartoons so at the beginning of 2003 roma
Assume that a corrective tax is placed on aircraft passing over a residential area that is located near an airport. Should the proceeds of the corrective tax be used to compensate those who are harmed by the aircraft noise? Explain.
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