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Crusty Cakes sells donuts in Eastown and Westown. Its total costs are given by TC = 10(Qe+Qw). The demand in each neighbourhood is given by Qe = 100 - 2Pe and Qw = 100 - Pw. If Crusty price discriminates between the two neighbourhoods, how much are its maximized profits?
a. $850
b. $1200
c. $2475
d. $2825
e. $3250
five firms supplied amateur color film in the United States: Kodak, Fuji, Konica, Agfa, and 3M. From a technical viewpoint, there was little difference in the quality of color film produced by these firms, yet Kodak's market share was 67 percent.
Should the Federal Reserve System control the nation's money supply? Defend your position using economic principles.
You have been hired to manage a small manufacturing facility whose cost and production data.
q.to keep gasoline expenses edith as well as mathew agreed to carpool jointly for traveling to as well as from work.
q1. short run profit maximizingthe producer of high-quality flatbed scanners is tiresome to decide what price to set
Purchasing Power Parity (PPP) implies that
q1. assume that a national restaurant firm called bbq builds 10 new restaurants at a cost of 1 million per restaurant.
Illustrate what are different types of unemployment and how do they affect economy. Illustrate what is inflation. Illustrate what is deflation.
What must saving rate be in initial steady state. What is marginal product of capital in initial steady state. Suppose that public policy rises saving rate so that economy reaches Golden Rule level of capital.
The city government is losing millions of dollars on the mass transit system (buses and subways). The government proposes to increase the fare of a ticket by 20% to raise revenue and has asked your advice. You know that the price elasticity of demand..
What types of economic evaluations should Shadyville use to rationalize the decision between the implementation of Contingency Plan 1 and Contingency Plan 2? Why?
Project B will return a profit of $2.00 of conditions are poor, a profit of $3.00 if conditions are good and a profit of $4.00 if conditions are excellent. The probability distribution of conditions is as followed.
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