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A representative firm with long-run total cost given by TC = 20 + 20q + 5q2 operates in a competitive industry where the short-run market demand and supply curves are given by QD = 1,602 - 40P and QS = - 400 + 20P. If it continues to operate in the long run, its profit-maximizing level of output is
If the price of a good decreases, the substitution effect shows the increase in the quantity of the good demanded, holding income constant.
What are some of the positive externalities of education? Why may higher education offer fewer positive externalities than primary or secondary education?
Estimate the relationship among inflation and unemployment.
The questions posed are broad and open ended so be careful to allow yourself enough research and planning time.
According to the neo-classical economic theory, the market is a natural, self-regulating system that tends automatically towards the full employment equilibrium of supply and demand.
Find out what quantity of the book Warm fuzzy should print, and what price it should charge in order to maximize profit.
Illustrate what most people do not realize is that what the Fed is actually doing is changing money supply (and not interest rates directly). When money supply changes, interest rates automatically adjust to keep the money market in equilibrium.
If there is a positive Net Advantage to Leasing the industry will lease the equipment. Otherwise, it will buy it. What is the NAL.
Illustrate what is your opinion, observation, or recommendation on this company. what are their shortfalls, how do they relate to other in the industry.
Utilizing Starbucks as the organization, please help identify the market structure of the organization. Evaluate the effectiveness of this structure for the organization.
Fiscal policy also decrease the dollar like monetary policy.
Discuss the upshot of this policy in terms of a new equilibrium. Is this policy likely to have a negative repercussion on the crime rate? Can you come up with an idea concerning a major drawback of this policy?
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