Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
1. It is said that there is no completition in a perfect competition situation. Why? Give an example to illustrate this.
2. Name 3 commodities that you would consider to be bought and sold in a perfect competition market situation.
3. If someone is producing corn and making a lot of money by doing so, what will happen in the short-run? Long run?
A machine has a current salvage value of $10,000, which will drop by $2,000 per year. The maintain costs will be $1,250 per year. What is the marginal cost to extend the service for 1 year, at 8%?
If there was a capital gain tax of 30 percent, what is the after-tax real interest rate, with the inflation rate of 8 percent.
Some economists have suggested that the best way to control medical costs is to remove the profit incentive for health care providers, particularly hospitals.
Why is currency exchange stability an important goal of the Saudi Ministry of Commerce and Industry. What are the advantages of currency exchange stability for Saudi Arabia? Explain with examples. What are the disadvantages of currency exchange sta..
Two clinics want to merge. The price elasticity of demand is -0.20, and each clinic has fixed costs of $60,000. One clinic has a volume of 7,200, marginal costs of $60, and a market share of 2 percent. What are the total costs, revenues, and profits ..
The price demand function for 100 packs of whiteboard erasers is x = (360-4p)1/2. p is the price of one 100 pack of erasers. What is the elasticity of p = $18? Is the demand elastic, inelastic, or unit elasticity at this price? What price should the ..
Assume that the labor market for coffee roasters is in equilibrium. A new ad campaign by the coffee industry, “A coffee a day keeps the sleepies away,” is successful and consumers prefer more coffee. Graph the effect of this on equilibrium wages W1 a..
What was the accounting profit for the new business. What was the economic profit or loss. Explain your calculations for both questions.
All licensed drivers are required by law to purchase a minimum level of auto and motorcycle insurance (well, if they own either of the two). However, the vast majority choose to buy much more insurance than the required minimum. It’s also true that m..
Treasury bonds typically have lower coupon rates than corporate bonds because
Econ 522 - Economics of Law - Calculate the consumer's demand, and his utility, in the absence of government intervention - How much revenue does the government raise with this tax?
If market inverse demand is p(Q)=a-bQ and the firm produces according to TC(Q)=cQ+dQ2, determine the firm's optimal quantity, price and profit level. (Assume that a,b,c,d >0.) What conditions on b and d must hold in equilibrium?
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd