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In terms of your study in this course, how might you know that you are at a point of diminishing returns, or where more study will not benefit you like it did before? Can you identify any of the costs discussed in this lesson in your decision about how much study is enough?
On a diagram, draw the marginal cost curves for the two factories, the average and marginal revenue curves, and the total marginal cost curve (i.e., the marginal cost of producing Q = Q1 + Q2)" Indicate the profit-maximizing output for each factory, ..
why do economists prefer to speak of demands arising out of wants rather than needs?explain why economist considers the
How is it possible that in perfect competition some firms have economic profits equal to zero while others have a positive economic profit. Can they have a positive consumer surplus? Isn't it a contradiction?
Give an example of a B2B company that is involved with e-commerce in any way. What is its product and who are its customers? In what way(s) is it involved in e-commerce?
you are given the following equation for the real demand for money mpd .25y-50r.a. compute the demand for money for
According to the logic of backward induction what should be the equilibrium of the game? a) Firm 1 chooses a high price, Firm 2 chooses a high price. b) Firm 1 chooses a high price, Firm 2 chooses a low price.
megan lives on the east side of welch and amanda resides on the west side of the north-south street. each morning the
Describe the formula for determining Stealth Bank's net worth, and using the figures above, determine the bank's net worth. Identify the criteria for classifying a bank as healthy or unhealthy and determine which applies to Stealth Bank in these c..
What are the effects of increasing in government spending both mandatory and discretionary spending on US economy forecast ot grow by 1.5%
What are the current monetary policy goals - How has the Fed attempted to meet some of these goals? What have been the outcomes?
At the equilibrium price, the demanded is equal to the quantity supplied. At any other price (called a disequilibrium price) there is either a shortage or surplus. Calculate the amount of the shortage at a price of$ 5.30.
Whatis the efficient markets hypothesis? What are the most importantcharacteristics of markets that are necessary for them to be efficient?Howdo stock prices behave if stock markets are efficient and if investors do notcare about risk?
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