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A small college has space for a maximum of 1,000 students. The college can identify 500 of its students who are willing to pay $20,000 per year and 500 students who are willing to pay $10,000 per year. The college has annual fixed costs of $10 million, and the variable cost for each additional student is $5,000. To continue operating, the college must receive payments equal to its total costs (that is, total fixed costs + total variable costs).
Over which range of production, the marginal product of the variable input would be increasing in the short run.
Utilize this concept to construct an example in which a risk-averse individual prefers a gamble to a certain amount of money.
Elucidate how the law of diminishing returns influences the shapes of the variable-cost and total-cost curves.
Which of the following hedging strategies involves a loan without a futures contract.
Illustrate what would be the price also output. Illustrate what would be the firm's profit or loss.
Has the U.S. economy experienced inflation or deflation during recent recessions.
Explain how much of the tax will the sellers pay. How much will the buyer pay for the product after the tax is imposed.
Discuss the new equilibrium price also quantity which result from these changes. Can you exhibit some of these changes graphically.
Explain what were the problems with this corporation from an organizational architecture point of view.
assume that isoland has a closed economy. Isoland national investment is $50,000,000, its private saving is $60,000,000 and its taxes minus transfer payment equal $65,000,000. Explain how much are islonad's government purchases.
What is the social optimum quantity and price. Calculate the total surplus in the market equilibrium, at the social optimum and with the tax.
Suppose a firm's inverse demand curve find the firm's optimal quantity, price also profit by using the profit also marginal profit equations.
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