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Question: Draw a standard long-run average cost curve. Identify on the graph and define economies of scale (or increasing returns to scale), constant returns to scale, and diseconomies of scale (or decreasing returns to scale). Also identify and define the minimum efficient scale (MES). How does the relationship between MES and the market demand affect the structure of an industry? Specifically, how does this relationship affect the equilibrium number of competitors in a market?
Both a payroll tax and an excise tax on alcohol raise revenue. What goals do you think motivate a payroll tax? What goals motivate an alcohol tax?
What is equilibrium price and quantity for oven mittens? Using Microsoft Excel, construct a table that shows the quantity demanded, the quantity supplied, and the surplus or shortage associated with prices from $2 to $5.55.
How does an increase in the currency-deposit ratio affect the money multiplier? What is the effect of an increase in the reserve-deposit ratio? Explain the direction of changes in both cases in terms of bank balance sheets and the ability of banks to..
Analyzing Macroeconomic Events (Monetary Policy) with the IS Curve. Consider the following changes in the Macro economy. Show how to think about them using the IS curve graph and explain how and why GDP is affected in the short run.
Before month-end adjustments are made, the February 28 trial balance of Cole's Enterprise contains revenue of $11,000 and expenses of $8,900. Adjustments are necessary for the following items:Depreciation for February is $1,200.
Business Economics (BUECO5903) Explain the impact of external costs and external benefits on resource allocation and why are public goods not produced in sufficient quantities by private markets?
What product and process characteristics of potato chips dictate the cost accounting system used? Describe the costing system best suited to Frito-Lay.
How many books should Lucinda publish in order to maximize profits? What price should Lucinda charge for her books in order to maximize profits
Describe two of the factors that make up monopolies.
Write a report addressing a quantitative analysis (QA) project. Select a business of interest and develop QA best practices that can be developed and implemented to increase revenues and/or to decrease costs. Please provide at least three mathe..
1. suppose a banks balance sheet looks as followsnbspnbspnbspnbspassetsliabilitiesreservesnbspnbsp
In a Microsoft Word document, write a paper in which you describing and analyzing how the Obama campaign's marketing communications methods shaped those used.
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