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Q1. How does your analysis of VMP change if employer is a monopolist producer of its output but price-taker in the labor market?
Q2. Canadian gas companies shipped 21.4 billion cubic meters to the US last year, up from 20.1 billion in 1983, according to figures released Tuesday by the Canadian Gas Association. But lower prices permitted under new federal regulations instituted last year, reduced the over-all take from $3.94 billion to $3.92 billion."
Compute demand of price elasticity of for natural gas sold to the US.
Elucidate that contract align the incentives of the new vice president with the goals of the owners.
What is the social optimum quantity and price. Calculate the total surplus in the market equilibrium, at the social optimum and with the tax.
All costs of exhibiting movies are fixed except for the $3.50 royalty payment you must make to the film distributor for each ticket sold.
What was the accounting profit for the new business. What was the economic profit or loss. Explain your calculations for both questions.
If instead the Fed wants to stabilize aggregate demand, how should it change the money supply..
Calculate the profit maximizing cost per unit if COST MART has an average wholesale cost of $350 as well as incurs marginal selling cost of $100 per unit
Organize the above data into the appropriate categories for the current as well as capital accounts determine the current account balance, the capital account balance, as well as the official settlements account balance.
How do prices, output, and profits differ between monopolies and monopolistically competitive firms.
There are three types of plant: coal, natural gas, and hydroelectric. The three types of plants face the costs appearing in the table above.
Suppose that you are in a committee meeting of the United Nations
Why do monopolistic competitors have a tendency to advertise much more than perfectly competitive firms?
Contrast two or three key economic factors for this country with the United State economy also comment.
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