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A monopolist faces the following demand function in the market P = 15500 - 100 Q , Find its marginal revenue if it produces 10000th units.
Suppose that the government spends more on a missile defence program. How does this affect aggregate demand, aggregate output, prices, and employment in the short run? How is your answer affected by the presence of the multiplier, or an increase in t..
A major element of the concepts of inflation and deflation is
first secure access to the wall street journal via one of the three ways specified in the how to access the wall street
If the actual values for GDP of 2000 and 2005 are $9,817 and $12,433.9 billion, find the estimation error of the model based on MAPE.
you have been hired by nobody state university nsu as a consultant to help the university with how to increase their
Determine the profit-maximizing average monthly production capacity for DermaPlus for each of the possible reference-based prices identified by the consultant. Estimate the expected monthly profit in each case.
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The Social Responsibility of Business Is to Increase its Profits
The income elasticity of demand for your firm’s product is estimated to be 0.75. A recent report in The Wall Street Journal says that national income is expected to decline by 3 percent this year. What should you do with your stock of inventories?
Assume also that South Africa is a net importer of maize and imports maize mostly from the US. The FOB at US Gulf port is US$350 per tonne (1 tonne =1000 kg). Assume freight, insurance and unloading (FIU) cost at Durban is 150 Rands per tonne.
If unemployment insurance were so generous that it paid unemployed workers 90% of their regular salary A. the official unemployment rate would probably understate true unemployment. B.
a. All your costs are fixed and your goal is to maximize the total revenue received from selling advertising. Suppose that the expected number of viewers is one million people. What price should you charge? How many minutes of advertising will ..
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