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For some product products n a developing country ,the estimated demand was x = 224.125 - 0.097 p and the supply was x =-49.375 + 1.721 p
a. Find the equilibrium price and quantity.
b. Make a graph of the demand and supply functions on the same axes and mark the equilibrium point.
4. A producer sells items at P1.20 each if his cost of production is given by C(x) =0.60x +420 where x is the number of items sold ,find the breakeven point .If he can change his cost function to C(x) = 0.48x + 432, would it be to his advantage to do so? Why?
If a product yields external benefits, then the:
Where is the United States in the business cycle? The U.S. is in between trough and expansion, but closer to trough. What is the real GDP today? What is the largest component of GDP? Consumption. What is the smallest component of GDP? Net exports. Wh..
How much output does the firm produce at each plant? What price should it charge for its product?
Suppose we find out that a large number of individuals with advanced degrees in medicine were unable to find a job in the medical profession and are instead working at McDonald's flipping hamburgers. How would this be shown on a society's PPF graph?
Use an AW-based rate of return equation to determine (a) the breakeven ROR and (b) which design is preferred at an MARR of 15% per year.
1. What is the gross amount the firm needs to raise? 2. How many shares need to be sold?
If policymakers want to reach full employment while maintaining balanced trade, what combination of monetary and fiscal policy should they use.
How can government spending have a multiplied effect on the economy? Hint: Need to recall of the “income/spending multiplier” concept, seen in module five.
Briefly explain which component of aggregate expenditure will be affected by each of the following transactions. also , indicate whether it will increase or decrease. Suppose the United States experiences a long period of relatively stable prices whi..
The difference between EBIT and taxable income must be the interest expense. Use this same procedure to complete similar Problems.]
You are given an undirected graph G = (V,E) with positive weights on the edges. The number of edges in G is |E| = |V| + k for some constant k. Design and analyze an efficient algorithm that finds an MST (minimum spanning tree) of G.
Fixed cost for a hot water line per meter of pipe is $100X+$250 per year. The cost for loss of heat from the pipe per meter is $5.4X^-2 per year. Here, X represents the thickness of insulation inmeters, and X is a continuous design variable. What is ..
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