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Ques1: Explain the production condition for the following conditions:
i) MC>ATC (where MC=marginal cost, ATC=average total cost)
ii) MC<ATC
iii) MC=ATC
Ques2: Explain the two types of production technology.
Suppose demand for a product is given by the equation Q D = 120 - 4P and supply for the product is given by the equation Q S= 4P
Assume the market demand for Terps t-shirts can be written as P = 100-2Q, where prices are measured in dollars. The long-run average cost of producing such a t-shirt is $20. If Under Armour could perfectly price discriminate, how much profit would it..
Ilustrate what is the marginal propensity to consume (MPC).
Policy analysts should research the issues and determine the fundamental causes of social problems such as crime, poverty, or homelessness.
Suppose that Mr. J ustin Bieber deposits $5,000 in his checking account at Santa Monica Bank. How does this transaction affect the monetary base? Show the T - accounts for Mr. Bieber, the bank, and the Fed.
If the mortgage interest rate is 7 percent, approximately how much are home owners paying in annual mortgage interest? b. If the interest rate drops to 6 percent, by how much will annual percentage decline?
What is a graph of the marginal cost curve? How to derive the marginal revenue function for A? How to derive the optimal price and quantity for A?
The demand for flowers is P = 240 - 2Q and the MC is MC = Q. a) Find the competitive equilibrium in this market.
Please define globalization and political risk and how multinational firms are affected by each.
Silas 4-Wheeler, Inc., has an ROE of 17.06 percent, equity multiplier of 1.60, and a profit margin of 19.75 percent. What is the total asset turnover and the capital intensity?
Two Cournot duopolists produce in a market with demand P = 100 − Q. The marginal cost for firm 1 is constant and equals 10. The marginal cost for firm 2 is also constant and it equals 25. Given this information, would you recommend the merger? Explai..
An 8-year-bond with a face value of $10,000 offers an annual return of 3.5%.If there is no coupon payment, what is the current price of that bond?Suppose the firm decides to offer the same bond but with a coupon of $20 per year (paid at the end of ea..
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