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A monopolist's costs are given by C(Q) = 0.1Q + 2, and it faces the demand function P = 1/Q1/2, where Q denotes quantity of a good.
Ross Perot added his memorable "insight" to the debate over the North American Free Trade Agreement (NAFTA) when he warned that passage of NAFTA would create a "giant sucking sound" as U. S. employers shipped jobs to Mexico
Suppose you make 30 annual investments in a fund that pays 5 percent compounded annually. If your first deposit is $7500 and each successive deposit is 5 percent greater than the preceeding deposit, how much will be in the fund immediately after the ..
Discuss diversity, attitudes, behavior, perception, job satisfaction, pay and safety in the military, corporate both the negative and positive of each.
Do you support the idea of globalising the Australian economy? Why. Why not? In writing your answer, wherever possible, back up your arguments with the theory, research articles or statistical evidence.
What is meant when a monopoly firm is described as a price maker? How is a price maker different from a price taker? Is a monopoly ever a price taker?
Your company wants to build a new manufacturing facility which will cost $2.5 million for plant and machinery. It will have a net annual income cash flow.
In times of a struggling economic situation, determine the key steps that the Federal Reserve should take to help stabilize the economy. Next, explain how your proposed steps will affect money supply, interest rates, inflation rate, aggregate demand,..
Suppose that in response to huge job losses in the Canadian textile industry, the Government of Canada imposes a 100 percent tariff on imports of textiles.
A firm has borrowed $5,000,000 for 5 years at 10% per year compound interest. The firm will make no payments until the loan is due.
What is Zynga's profit-maximizing number of games to be published and what is the total amount of the externality at Zynga's profit-maximizing quantity?
Discuss the new equilibrium price and quantity that result from these changes. Can you demonstrate some of these changes graphically?
What did you learn? Why is it important? How do the Economics concepts we just covered impact the economy, you and your family, your friends and your employer?
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