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Discuss the differences between water and hand sanitizer market structures.
what is the expected NPV for this new machine over ten years? what is the probability of a positive NPV?
Suppose that the inverse demand for clothes hangers is given by: P = 3 − Q/16,000. Suppose further that the marginal cost of producing hangers is constant at $1. What is the equilibrium price and quantity of hangers if the market is competitive?
q1. within which sections of the production function is marginal product increasing?q2. explicate the link between
Explain deficit spending and in what circumstances it should be used.
Suppose that production for good x is characterized by the following production function, q=k0.5Lo.5, where k is the fixed input in the short run. if the per init rental rate of capital, r, is $15 and the per unit wage, w, is $125, then the average f..
q1. research the current demand for a good or service of your choice. collect information that will affect the demand
Jerry has some non-wage income $20,000 and a job that pays $50,000 if he can manage to keep the job. If Jerry chooses a high level of effort
A monopoly is considering selling several units of homogeneous product as a single package. A typical consumer's demand for the product is Qd = 50-.25P, and the marginal cost of production is $120. -Determine the optimal number of units to put in a p..
Two competitors A and B compete on quantity simultaneously in a market where demand is described by P = 49 - Q, where Q = A + B. Firm A has production costs C(A) = 17 + 4A + 0.5A^2. Firm B has production costs C(B) = 16 + 5B. What is the Cournot equi..
Calculate the present worth of all costs for a newly acquired machine with an initial cost of $30,000, no trade-in value, a life of 15 years, and an annual
What is the solution of the Solow model for consumption per person in the steady state, c ∗ = C ∗/L∗ ? How does each parameter in the solution affect c ∗ , and why?
Which of the following statements are true about deficits versus debt?
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