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A monopoly has an inverse demand curve given by p=16-Q and a constant marginal cost of ?$2. Calculate deadweight loss if the monopoly charges the? profit-maximizing price.
Deadweight loss equals __ ?(Enter your response rounded to two decimal? places.)
Unfortunately, integer linear programming is an NP-complete problem. Fortunately, you have foundsomeone to instead buy the alloys at an equivalent price! Instead of selling keys, you have decided tofocus on melting the prerequisite metals together..
The time to produce the "N"th unit (T_N), for a given Learning Cure Rate (LCR), is equal to T_N= T_1 N^b where T1 is the time to produce the first unit and b is a factor for the LCR. If b = - 0.5 and the time to produce the first unit is 100 hours, w..
An Orthopedic doctor is considering leaving his hospital job and opening his own practice. Assuming that at the hospital the orthopedic doctor makes $50,000 a year. Based only on economic decision making, do you predict the orthopedic doctor will lea..
Draw the real labor demand curve for each country.
Please do not send any pictures, just text which can be copied and modified, thanks.
When participating in international buying/selling negotiations, a sole sales negotiator is at a disadvantage when faced with a small team of buyers. Explain whether you agree with this statement and explain why or why not.
15% of the sales are collected after two months, and the remainder are collected after three month. What is the amount of the April collections?
Demand is said to be inelastic when
Economists argue that successful business depends on creating sustainable and effective supply and demand networks. If you own (manage) a business, how do you create effective deamnd and effective supply to maximize profit?
Calculate the monopoly's output, price, and profit if it uses the first technology. Consider a rate of return regulation which allows the monopoly to take as profit only $0.1 per each $1 of capital.
The law of diminishing marginal productivity states that . What are economies of scale? ?What are economies of scope?
q1. given the choice between a1000 p 1.0 and b1200 p0.90 kathy prefers gamble a. does this mean she is risk averse?
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