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Firms often face the problem of allocating an input in fixed supply among different products. Find the optimal crude oil allocation in the proceeding example if the profit associated with fiber were cut in half, that is, fell to $0.375 per square foot while the profit associated with gasoline stayed at $0.50 per gallon·
Given Gasoline production function of QG = 72MG - 1.5 MG2, what is gasoline marginal profit?
· Given fiber production function of QF = 80MF - 2MF2, what is fiber marginal profit?· Determine the Maximize profit.· Determine Total input availability.
many americans feel that their jobs at home should be protected and that free trade should be limited. however global
In a short run condition in which quantity demanded equals quantity supplied in a competitive industry, with value greater than the average cost of the typical company,
Some firms will lobby their legislative bodies to impose barriers to entry. Can anyone think of groups or firms that do this?
Assuming that Disneyland wants to serve both types of consumers, find the entry fee and the marginal price under the Oi two-part tariff. Assuming that Disneyland wants to serve both types of consumers, find the entry fee and the marginal price un..
overviewyou have the task of developing an e-commerce business plan for the client described in the case study below.
Cool-Aire Corporation manufactures a line of room air conditioners. Its break-even sales level is 33,000 units. Sales are approximately normally distributed. Expected sales next year are 40,000 units with a standard deviation of 4,000 units.
Draw a graph to analyse the effects of 40 per cent tariff rate in Korea on the price, domestic supply of and demand for beef, and compare the situation with no tariff case.
1. of u.s. firms with less than 500 employeesnbsp less than 25 export less than 40 export less than 5 export over 50
why does the law of diminishing marginal utility encourage people to spread their spending across many different types
monopoly1.a monopolistic firm has the short-run marginal cost functionmc 20 4qwhere k capital is fixed and l laboris
Derive the pro?t frontier, and explain why total pro?ts fall as the ?rms redistribute pro?t between themselves by redistributing output.
There are 100 dog kennels in Atlanta. An economist studying the pricing behavior of dog kennels tells you that she is limiting her analysis to a time period that does not allow for any new dog kennels to enter the industry or for any established dog ..
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