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The demand for health club services is Q = 350 − 2P and the marginal cost of providing these services is MC = 110 + 2Q. If a two-part tariff pricing system is used, what is the optimal price and quantity combination? a.P = 52 and Q = 240 b.P = 199 and Q = 52 c.P = 26 and Q = 162 d.P = 162 and Q = 26 e.none of the above
Why can not one nation have a comparative advantage over another country in the production of everything if the first country has excellent natural resources
Keynes describws that the level of output and employment in the economy was determined by aggregate demand or effective demand.
When you are a manager for a MNC in a foreign country do you interfere with local customs such as mistreatment of women and use of 10 year old children as child labor, or do you respect the local customs and traditions
Illustrate what does empirical evidence on the U.S. experience with the Earned Income Tax Credit predict will be the effect of the new policy.
The financial analysis department at MorTex estimates that the price of a textile machine is $ 600 per day. Can management reduce the cost of assembling 5,400 units per day by purchasing a textile machine and using less labor? Why or why not?
The ad shows that Alka-Seltzer Plus fights cough, body aches, runny nose, sneezing and fever, just like Vicks NyQuil does, but it also now can fight congestion, unlike NyQuil.
Engineers for the Off Road Skateboard Company have determined that a 10% increase in all inputs will cause output to increase by 5%.
Expected changes in the U.S. real exchange rate vis-a-vis Switzerland and expected rates of inflation in the U.S. and Switzerland.
Money is an interesting topic and there is much to learn that is not common knowledge regarding how we create money, especially money that is just printed!
Illustrate the infant industry argument for putting up barriers to imports. What are its merits and weaknesses.
Over the years, Janjigian Company stockholders have provided $15,250 of capital, part when they bought new issues of stock and part when they allowed management to retain some of the company's earnings.
Describe the benefits and costs associated with each type of externality. What happens to the Supply and/or Demand curve.
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