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A firm employs 8 units of the variable resource. at this level of employment, average product is 2, and average variable cost is $4. how much output is the frim producing?
Yolanda runs a bulldog farm and when she employed one person, she produced 1,000 bullfrogs a week. Construct Yolanda's total variable cost and total cost schedules. Illustrate what is Yolanda's total fixed cost.
Illustrate what is the difference between the firm's short-run supply curve and its long-run supply curve? Make up an actual example to explain your answer.
Each can produce the next generation super computer for math (M) or for chip research. However, only one can successfully produce for both markets simultaneously. Find the Nash equilibrium (include the payoff in your answer), and elucidate why it i..
Using the Fisher equation Illustrate what can you infer about expected inflation in Canada also in the United State.
Is the industry or industries in which the firm operates conducive to abnormally high rates of return.
Elucidate how much would the industry save by raising all of the debt now, in a single issue, rather than in three separate issues.
Explain how many fish should a commercial fisherman try to catch a day. Should he catch as many as possible or return to dock before filling the boat with fish.
Contrast two or three key economic factors for this country with the U.S. economy, and comment.
Suppose a woman marries her butler. After they are married, her husband continues to wait on her as before, and she continues to support him as before (but as a husband rather than as an employee). how does the marriage affect GDP? how should it a..
Can you provide any examples of Illustrate what kind of equality could be made to offset these increased society costs
Demonstrate, using supply and demand analysis, the effect on the equilibrium price and quantity of new hybrid automobiles when the following occurs.
illustrate what is the corresponding marginal cost function. at illustrate what o/p is AVC at its minimum.
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