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Question: If we measure the quantity of French fries on the horizontal axis and the quantity of hamburgers on the vertical axis and if the price of French fries is $0.60 and the price of a hamburger is $2.40, then the slope of the budget constraint is 114 (and it is negative).
Describe the profit maximizing (or loss minimizing) output for this firm. Explain why or why not there is an economic profit? Explain why a firm in pure competition is considered to be a "price taker."
If a factor exhibits diminishing marginal product, hiring additional units of the factor will cause a reduction in output.
Assume that the industry is perfectly competitive. What is the long-run equilibrium price and quantity in this industry
consider the following statement to maximise profit you need to sell your output at the highest price. after what you
Consider A monopolist that faces the constant elasticity demand curve y(p) = p^a where a 0.Also assume that the monopolist pays a quantity tax of t > 0.
Consider a hypothetical closed economy in which households spend $0.60 of each additional dollar they earn and save the remaining $0.40. The marginal propensity to consume (MPC) for this economy is and the spending multiplier for this economy is
A manufacturing company is considering a capacity expansion investment at the cost of $245,219 with no salvage value. The expansion would enable the company to produce up to 35,887 parts per year and the useful life of the additional capacity is seve..
in this problem we are going to calculate real interest rates both ex-post and ex-ante. the data you need for this
The consumption function is given by:C=250+0.75Yd. What is the multiplier in this economy? Assume that the government spending increases by 100. By how much will equilibrium output increase?
List and describe three accounting issues related to acquisitions. What role does the controller play in addressing these issues?
question 1. consider toms labor supply decision. tom can earn 15 per hour but he faces a 20 tax rate and pays 4 per
Begun in February 2004, Mixi was the first online social network site in Japan. It was developed by Batara Eto (previously Batara Kesuma) who was born in Medan.
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