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Assume demand for a medical service is given by the equation P = 1000-2Q. Assume the price without insurance is $100, but insurance reduces the consumer’s out-of-pocket price to $50. How many extra services will be consumed as a result of the out-of-pocket price reduction?
Explain the argument that lower corporate tax rates can increase tax income in Kenya. Reflect on the Laffer curve in your explanation.
Elucidate what type of returns to scale does this technology represent.
Draw appropriate marginal income curve. Show range over which a marginal cost curve could rise or fall without affecting cost industry charges.
illustrate what additional effect follow this initial affect. what is the total affect of the tax cut on aggregate demand.
An oil and gas XYZ company expects to produce 200,000 barrels of oil in time to deliver it on March 1, 2015. The management needs at least $30,000,000 for the oil to pay salaries, pay back loans, invest into new equipment, etc.
A company estimates its annual expenses, Y, in dollars from Y = 0.235X^2+7X+4 and annual revenue in dollars from 0.215X ^2+ 16X where X is annual units sold. Find the value of X that gives maximum profit. Round to nearest integer
q.your oil company must decide whether to drill a well at a cost of 500000 on a piece of leased property or to sell the
Elucidate Illustrate what you can do, if the best technology was used to produce the components of the system.
Your boss has chosen you to give a presentation to a number of foreign officials regarding the United States Federal Reserve System.
Elucidate exactly Illustrate what the government actually did and why this merger is not occurring.
Consider that two countries, Brazil and Argentina, have the same rates of investment, population growth, and depreciation. They also have the same levels of capital per worker.
what is the threshold value of the discrimination coefficient "d" at which prejudiced businesses will start hiring only white workers?
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