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A single-price monopolist has the following: MC= 16+4q. Demand = 60-0.5P
Calculate the single-price monopolists' price.
Describe a situation in which there is an economic argument for regulation the quantity of pollution reduction in order to achieve reduced pollution levels rather than using a tax.
A refrigerator sold for $500. The store financed the refrigerator by charging 0.5% monthly interest on the unpaid balance. If the refrigerator is paid for with 30 equal end-of-month payments: What will be the size of the monthly payments?
References variables are more complex and can hold groups of related data. What are some other References variables (other than String)?
Your firm is considering purchasing an old office building with an estimated remaining service life of 25 years. Recently, the tenants signed a long-term lease, which leads you to believe that the current rental income of $300,000 per year will remai..
Write the equation for Petra's budget line.
What are the factors that make long-term care unique compared to a hospital? List at least 4-6 factors
Describe whether each of the following would cause a shift of the aggregate demand curve, a shift of the aggregate supply curve, neither, or both.
Extend this comparison by choosing a different point on this period's PPF and discuss whether that combination leads to more or less growth over the next period.
The market price is given by P = $45. How many units of output will the firm produce? (Just enter your numerical answer - no symbols, units, or text).
Suppose that the household’s preferences are represented by the utility function U(C0, C1)= 100C0^ 0.5 C1^0.25. If the real interest rate is 5 percent, what is the value of the MRS of this household when it has maximized its two-period welfare?
A firm in a perfectly competitive market invents a new method of production which lowers its marginal costs. Illustrate what happens to its output.
So how much labor will she use for 16 units of land?
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