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Juniper's best-selling product sells for $75 and, although it currently produces 475,000 of these each year, it has capacity to produce 50,000 more. Its research determines that its price is 1.15 elastic in a reasonable range around its current price. At what price does it come closest to absorbing this excess capacity?
Please solve in excel only.
Write an essay on the topic: "Are real estate prices predictable: Determinants of transaction prices and time on the market." What are the main characteristics of perfectly competitive markets? Do housing markets share these characteristics? (see Cam..
The residents of the town Ectenia all love economics, and the mayor proposes building an economics museum. The museum has a fixed cost of $2,400,000 and no variable costs. There are 100,000 town residents, and each has the same demand for museum visi..
How can you use the parts to describe the differences between the operation of one bike and another?
Consider the statement that the issue of import-substitution industrialisation policy as it relates to a country's attempt to encourage and/or develop the (abse
Find the probability that 4 randomly selected people all have the same birthday, given that all of them were born in September. Ignore leap years.
Describe a process you could use to ensure that changes to a product or system are introduced in a controlled and coordinated manner.
On january 1, professor smith made a resolution to lose some weight and save some money. He decided that he would stictly budget $100 for lunches each month. For lunch he has only two coices, the faculty club, where the price of a lunch is $5 and Ali..
Describe how a change in the exchange rate affected your firm. Explain what happened to your price and quantity. How can you profit from future
Dale goes to the opera and ice hockey games. Draw a budget line for Dale. If the government imposes a 25% income tax on her, what happens to her budget line and opportunity set?
Since August, automobile inventories have been rising. Moreover, recent unemployment numbers suggest that European economies will grow more slowly than expected. What direction are auto prices likely to go?
godzilla and macrosoft produce software and operating systems respectively both at marginal cost 10. each firm has
Assume a bank purchases a newly issued mortgage backed security (MBS) for $1,000. After the year, the value of the MBS has decreased to $750:
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