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If $80 is charged for a design fee, and the monthly studio rent is 1,600; write an equation for the profit, P, in terms of x. Then how much is the profit when 50 award designs are sold in a month? How many award designs must be sold in order to maximize the profit and show work algebraically and what is the maximum profit?
Which curve shifts, if any, and in which direction. Elucidate the effect on equilibrium price and quantity for minivans.
Experience does not necessarily have to be work experience. Discuss market equilibrating process in relation to your experience. One of early economic "laws" was called Say's Law which stated that supply creates its own demand.
Joy's frozen yogurt shops have enjoyed rapid growth in northeastern states in recent years. From the analysis of joy's various outlets, it was found to the Demand curve.
Explain how are money cost and opportunity cost related to each other. If markets function well, they are closely related. They are always identical in any economic system.
changes would most likely bring economy to a full employment level of national output. What is income multiplier.
Assume for this project that purchasing a new home is a major decision requiring a substantial financial outlay where the wrong decision has long-term financial consequences.
After allowing for sleep and personal care, she has 70 free hours each week and must split these hours between work to earn money.
Consider the timing: The incumbent chooses whether to invest; then the entrant observes the incumbents investment decision; then the firms compete in prices. Show that in subgame perfect equilibrium (SPNE) the incumbent does not invest.
Think of an organization with which you are familiar. How has that organization's ethical policies changed as a result of external pressure? Provide examples.
Consider a world in which there is no currency also depository institutions matter only transactions deposits also desire to hold no excess reserves.
determine the output that would generate a total profit of $60,000 and the total sales revenues at the output level; draw the cost-volume-profit chart.
Illustrate what cost as well as quantity will result once the patent expires and competition emerges in this market.
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