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Question: If each firm has a short-term cost function C= 50 + 5q + 92, and the market price is $35, a. Calculate the output level that maximizes the firm's profit, the total revenue, and the firm's profit when it achieves allocating efficiency. b. If fixed costs increase from $50 to $250, calculate and describe the effect on the firm's production decision and profit in the short term. Should the firm continue to operate in the short term?
Two mutually exclusive alternatives are being considered. Both have lives of 5 years. Alternative A has a first cost of $2500 and annual benefits of $746.
Does the existence and uniqueness theorem apply to the differential equation y' = |y|?
In ISLM theory, the money demand curve is negative sloped and flattens out at extremely low interest rates.
in 2-3 pages summarize the differences between tax financing and bond financing and thinking like an economist and not
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you are an administrator for the contoso corporation. the contoso corporation has two 2 large sites. the corporate
Why might economically and politically powerful elites in some less-developed countries be opposed to national technological competence?
What are the profit-maximizing price and output levels? Explain them and calculate algebraically for equilibrium P (price) and Q (output). Then, plot the MC, D, and MR curves graphically and illustrate the equilibrium point.
elliot industries has a rather unique product that sells for 25 per unit and the marginal cost is 11.25. determine the
Find how much would need to be saved for the down payment? How much would need to be saved for closing, moving, and furniture costs?
Do you think that national governments should incorporate a monetary estimate of the value of household production in national accounting statistics?
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