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There is a fixed unrecoverable cost of $100 million to set up a cable network in a town. The cost to hook up and serve a house with cable service is $5/month. Once there is one cable network in the town will a second be created if the two networks will be in Bertrand competition once the second enters?
The purchasing power parity theory "predicts" that if the price of semiconductors in the United States is $3 and the price in Japan is 210 yen for a comparable semiconductor, the exchange rate would be
Plot the contour curve when z = 2 and the function g(x) in the x-y plane. What are the values of x that minimize the vertical distance (in the y axis) between the two curves? Explain What are the values of x that maximize the vertical distance (in th..
What is the expected return of migrating to the city? Show your work. Determine whether the individual should migrate to the city or not. Show the criteria used in making his decision.
Given a point E in an IH-IS space, if r increases and q increases where is the new point (E') relative to point E? Given 4 treatments, their survival rates, and cost: Treatment Z: 50%, $3,000 Treatment Y: 60%, $4,000 Treatment X: 66%, $4,100 Treatmen..
Lynn borrows $5,000 at 15 percent per year compounded monthly. She wishes to repay the loan with 12 end-of-month payments. She wishes to make her first payment 1 month after receiving the $5,000. She also wishes that, after the first payment, the siz..
Micro surfacing is part of a pavement restoration and maintenance program that seals the surface of a street that has minor cracking to prevent water from penetrating into the base material. The annual cost of the equipment (truck, tank, valves, etc...
Cyril has established the following marketing channel to the ultimate consumer including the gross margin requirements of each of the channel members:
Which of the following is a short-run adjustment?
Joe and Jim purchase vegetables at a grocery store, but Jim also grows vegetables in his back yard. Only Joe’s grocery store purchases are included in GDP. Only Joe’s and Jim’s grocery store purchases are included in GDP.
Why was the Reform Bill of 1832 a political landmark? A It increased the number of male voters by about fifty percent and set a precedent for widening suffrage further B It granted a powerful voice to the numerically superior but materially poorer so..
The new price of a car in Brazil is?$1200012000. The quantity of cars imported into Brazil isnothingmillion a year.
(Price Discrimination of Second Degree) A monopolist has 2 sets of customers distinguished by their demand functions p1=15-p1 and p2=25-2(q2)respectively. The total cost function of the firm is of the form C(Q)=5+3Q , where Q=q1+q2. Derive the aggreg..
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