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If a firm can sell its product for more than its fixed costs, but not for more than its totals costs:
a. It will increase its production quantity
b. It will continue to operate in the short run at a loss
c. It will shut down
d. It will lower its fixed costs
e. It will lower its fixed costs
Elucidate why a firm might want to produce its good even after diminishing marginal returns have set in and marginal cost is rising.
In your own words, explain what corporate social responsibility (CSR) is. Name two examples of social responsible companies you know and explain why you consider them so.
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Identify one positive or negative supply shock in the last decade and what is the impact that the shock has had in our economy.
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To make the financial markets safer, the Canadian government proposes tightening the rules for making a loan. Such rules require higher borrower creditworthiness and shorter pay-back periods. Analyze this proposal in a supply and demand for loan able..
Calculate output, price, total revenue and total profit at revenue maximizing activity level and n at profit maximizing level.
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George W. Bush was elected president in 2000 and his administration conducted fiscal policy together with the monetary policy conducted by the Fed responding to the recession. Although the fiscal policy conducted by the Bush administration successful..
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Using the concept of opportunity cost also PPF explain the phrase affluence tomorrow requires sacrifices today
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