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A newspaper has a monopoly on the local news market in a town. The market demand is given by P=1.70-Q/20,000, making the marginal revenue MR=1.70-Q/10,000. The marginal cost is constant at equal to 0.80. The fixed cost is 2,000. So, the total cost is TC=2,000+0.80Q. Find the monopolist's profit maximizing price.
you estimate that the price elasticity of demand for clinic visit is -0.25. you anticipate that a major insurer will increase the copayment from $20 to $25. This insurer covers 40,000 of your patients, and those patients average 2.5 visits per y..
What are your monthly payments during years 5, 6, and 7? b. How much interest is in the sixtieth month's payment? How much principal?
How do things change based on this scenario?*The market for hybrid cars is changing. There are more providers but due to bad publicity and poor performance, demand is falling.How do I set up a graph with this information?
If we know that expansionary monetary policy cannot create real economic growth in the long-run, why would it ever be used in the short-run?
q1. a monopoly firm is currently earning positive economic profit. the owner of the firm makes a decision to wholesale
Illustrate what is the average value of a loyal customer (VLC) in a target market segment if the average purchase price is $50 per visit, the frequency of repurchase is 12 times per year.
An ice cream company has hired two sales persons to run two ice cream stores on a beach. These two employees will receive a fixed salary regardless of the number of ice creams that they sell and they have to charge the same price set by the company. ..
In what ways and to what extent did coffee production contributed to the growth and development of the Brazilian economy before 1930.
In terms of aggregate supply, a period in which nominal wages and other resource prices are unresponsive to price-level changes is called the A. long run. B. short run. C. very long run. D. immediate market period.
Assuming that the current production rates are maintained at the three congress plants, that unusual should management select.
Explain how can tax cuts help revive the economy.
q1. assume that a doctor who lives alone hires the services of a maid also pays her 15000 a year to clean his house.
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