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A monopolist operates in two plants with two di?erent marginal costs:
M C1 (Q1 ) = 2Q1 and
M C2 (Q2 ) = 12 + Q2 .
The market demand is Q = 60 - P .
a. Find the market price and total output level. How does the monopolist allocate its production between plant 1 and plant 2?
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state history of the airline industry, plus an industry overview, and a SWOTT analysis of the airline industry. Please include references.
A producer produces good y using inputs x1 and x2 according to the production function y = x1^(alpha)x2^(beta) where alpha + beta
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What is the profit-maximizing price and output? What is the total profit? What is the price elasticity of demand at the profit maximizing output?
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Illustrate what factors led to the mortgage default crisis. How did mortgage defaults affect banks involved in mortgage lending and mortgage investing.
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