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A firm has fixed cost of $100 and average variable cost of $5 X Q, where Q is the number of units produced.a. Construct a table showing total cost for Q from 0 to 10b. Graph the firm's curves for marginal cost and average total cost.c. How does marginal cost change with Q? What does this suggest about the firm's production process?
Assume that the following information about the economy is correct. The potential GDP is 3 percent. Real GDP has fallen at a minus two percent rate in the last 12 months.
Illustrate what technology is used to catch them. What's wrong with America's economy, and is America's economic problem short term or long term.
What can you say about the relationship between marginal revenue and marginal cost for output rates below the profit-maximizing (or loss-minimizing) rate? For output rates above the profit- maximizing (or loss-minimizing) rate?
ABC Corporation is a small Canadian company that sells staples in Canada, which is a very competitive market. The staples can be classified as a standard commodity, with stores viewing staples as identical to those supplied through other companies.
Determine What situation would our economy be presently in and what type of stimulus and healthcare package would we be seeing if, through a silly quirk of fate:
As an economy increase and productivity grow, real wages tend to rise - people get richer on aggregate. Real wage growth implies that people are able to buy more of the services that are in basket of goods.
QuadPlex movie is the only movie theater in Idaho Falls. The nearest rival cenima theater.
Illustrate what was the industry's method for determining that there was an inequality.
What is the amount of the son's freshman year expense in terms of actual dollars? (b) What is the equivalent single sum amount at the present time for these college expenses?(c) What is the equal amount, in actual dollars, the father must save each y..
Describe the effect of such clauses on both the government, and other customers, noting, inter alia, the effect on the selling firmâ.
Illustrate what is the impact of these ratios on the level of new money that can be created given a $100,000 cash deposit into the banking system.
Movie theaters generally charge the same ticket price for all movies with evening show times, regardless of popularity. This pricing strategy causes surpluses for unpopular films & shortages for popular films.
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