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6000 bottles of water are sold when the price is $3 per bottle. when the prices is $4 per bottle, 5500 are sold.
a) find the linear price equation where the price is p(x) and x represents bottles of water. set up table of (x,y) values showing your work.
b) find the best price to maximize the revenue.
Suppose you are an investor with a choice between three securities that are identical in every way except in terms of their rates of return and risk.
The United States has a variety of regulations to address the economic harm resulting from monopoly power in an industry. This includes the Sherman Act of 1890, the Clayton Act of 1914, and the Federal Trade Commission Act of 1914. These acts were ai..
What is the profit of each firm in equilibrium (problem 14)? REMEMBER THERE ARE NO COSTS
Explain Kuznets’s inverted-U hypothesis. Find appropriate data of one country from either Asia, Africa or South America for five consecutive years to construct the Kuznets curve for that country. Show the curve graphically and explain why it supports..
An alternative has a discounted project cost of $4,185,000 with no salvage value. The estimate was in constant dollars and the discounting used mid-year factors. While the period of analysis is 5 years, the alternative only provides benefits for the ..
Using supply and demand and competitive analyses, explain what happens to a pharmaceutical company’s revenues and profits from an individual drug once it loses its patent protection. Then identify at least one strategy the company can use to mitigate..
Now suppose Starbucks introduces world to premium blends, and so demand rises substantially.
Consider a firm that uses both labor and capital in production. The price of capital is $20 per unit and the wage rate is $10 per hour. Draw the firm’s isocost line assuming a total production cost of $100. How steep is this line (that is, what is it..
The present value of a dollar rises as
Company AXR had sales revenues of S94 million last year. Cash operating expenses were $42 million The depreciation expense was $6 million. The tax rate is 40%. No dividends were paid the stock for company AXR is currently selling for $20 per share an..
q.the production department of a firm reported the following information for the month of may 2005.rs. wage bill 20000
q. mining is proposed for a wilderness area that provides two benefits recreation due to backpacking opportunities and
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