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The demand for Professor Swinnen`s new book is given by the function Q= 2000 - 100p.
To sell the book, it must be typeset (a fixed cost). and copies must be printed.
If the cost of having the book typeset is $7000, if the marginal cost of printing an extra copy is $4, and if he has no other costs, then he would maximize his profits by,
a) having it typeset and selling 400 copies
b) having it typeset and selling 800 copies
c) having it typeset and selling 1000 copies
d) having it typeset and selling 1600 copies
e) not having it typeset (selling zero copies)
The Macintosh Company has an employee savings plan that allows every employee to invest up to 5% of his or her annual salary. The money is invested in company.
Transport International Incorporated (TII) is purchasing a new heavy-duty tractor-trailer truck for $250,000. Calculate the economic life of this system.
The publisher of a new book figures fixed cost at $92,000 and variable cost at $2.10 for each book produced. If the book is sold to distributors for $15 each, how many must be sold for the publisher to break even?
Analyze any comparative advantages and international trade opportunities. Examine factors that will affect Total Revenue, including but not limited to:
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Describe, using diagrams where appropriate, the market for rental accommodation before and after the introduction of rent controls. Illustrate the surpluses accumulating to producers and consumers before and after the introduction of the price ceilin..
Calculate the net cash flowsof each of the twoinvestments
Jane, the manager of a company manufacturing air-conditioning units can choose between two production technologies for a new product line. If she chooses and installs technology 1, the yearly costs will be C1(q) = 3600 + 65q + 36q2. If she installs ..
Given table in the text provides evidence for a close relation between a decrease in the share of the labor force engaged in agriculture (the primary sector).
Stabilizing an Economic Struggle
What would make the classical AS curve shift to the right? What is meant by a supply shock? Given an example of both a positive and negative supply shock.
W(sub)a= 1/a1(Y1)+1/a2(Y2)+1/a3(Y3)+1/a4(Y4) where a(i) are the constants. a) What restriction on the ai is needed for Wa to be an unbiased estimator of mu? b) Find the variance of Wa.
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