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Over the years, Janjigian Company stockholders have provided $15,250 of capital, part when they bought new issues of stock and part when they allowed management to retain some of the company's earnings. The firm now has 1,000 shares of common stock outstanding, and it sells at a price of $42.00 per share. How much value has Janjigian's management added to stockholder wealth over the years, i.e., what is Janjigian's MVA?
A monopolist has a constant marginal also average price. Compute the monopolist's profit maximizing quantity, price also profit.
In current years non-tariff barriers have gained in importance as a protectionist device. Describe and evaluate the major non-tariff trade barriers.
Compute total revenue, marginal revenue, total cost and profit at each quantity. What quantity would a profit-maximizing publisher choose? What price would it charge?
Compute the long-run impact of a permanent rise in money supply versus a permanent tax cut.
Explain how do the principles of microeconomics which you have leaned in this course apply to other nations.
Explain how are the slope of a production possibilities frontier and the opportunity cost of the goods related.
You are the adviser to a Benevolent Social Planner. GDP is falling also the economy is in a recession.
Assume demand and supply conditions in the competitive market for unskilled labor are as follows.
Provide an example of how fiscal also monetary policies compliment or work against each other.
Explain all your answers below clearly, including brief definitions of each term.
The US as well as Canada have intervened in the market and tried to internalize some of the costs of pollution by placing regulations on the amount of pollutants that industries can emit.
Use the firm's isoquant-isocost diagram and the firm's marginal cost curve to explain and illustrate the output and substitution effects of a decrease in the price of labor.
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