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If you are the leader of a country, aside from Income growth, what areas of development are you going to focus on?
The demand function is given by p(y) = 140 - y/3. What is the level of output that will maximize profit?
Understand our definition of philosophy as a breakdown of the field into its three main branches of content
Calculate elasticity for each variable. On this basis, examine relative impact that each variable has on demand. Illustrate what implications do these results have for industry's marketing and pricing.
If a firm's marginal revenue from its 100th unit of output is $50 and the marginal cost from its 100th unit of output is $45, then in the short run this firm should:
A movie monopolist sells to college students and other adults. The demand function for students is Qds=2000-25P, and the demand function for other adults is Qds=2400-25P. Marginal cost is $6 per ticket. Instructions:Round your answers to 2 decimal pl..
In current dollars, what is the order-of-magnitude estimated cost of a plant with 50% more capacity?
Your business is expected to generate a $40,000 profit at the end of year 1, and profit will increase by 10% per year through year 10. If you can earn 5% annual interest compounded annually, what is the present value of all your profits over the next..
Explain the reason for positioning and repositioning products. Choose a product with which you are familiar, preferably one in your industry, and explain how it might be repositioned. Indicate its current position in the market, a desired position, a..
The average cost of a certain model car was $18,000 ten years ago. This year the average cost is $30,000. calculate the average monthly inflation rate fm for this model. given the monthly rate fm, what is the effective annual rate, f, of inflation fo..
What are the typical types of risk faced by a firm? Explain each type of risk in details.
In a world where trade openness is generally considered to be beneficial for economic growth, this may not be the case for developing countries, where specializ
Consider an economy where many farmers rear pigs to earn a living. Recently there is an outbreak of pig virus and consumers are concerned
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