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Question: Suppose Carrie decides to lease a photocopier and open up a black-and-white photocopying service in her dorm room for use by faculty and students. Her total cost, as a function of the number of copies she produces per month, is given in the table:
a. Fill in the missing numbers in the table, assuming that Carrie can charge 5 cents per black-and-white copy.
b. How many copies per month should Carrie sell?
c. If the lease rate on the copier were to increase by $50 per month, how would that impact Carrie's profit-maximizing level of output? How would this $50 increase in the lease rate affect Carrie's profit? What will she do when it is time to renew her lease?
Consider a simple island economy where the sun is always gentle and warm and the breezes are cool. Let's call this island DanLand. There are four product markets in DanLand: coconuts, fish, textiles, and beer. Coconuts grow freely around D..
Why is there less emphasis on the scale of the investment effort in export-oriented industrialisation than in import-substituting industrialisation strategies?
1. production possibilities frontier.a sketch a production possibilities curve not a straight line with consumer goods
what is the relationship between average and marginal productivity? what would happen to average and marginal
describe how the budget constraint of a house hold in a two period model is affected by each of the following changes.
desired consumption is cd 100 0.8y - 500r - 0.5g and desired investment is id 10 -500r. real money demand is mdp y
assume you are a policy maker in washington dc. lobbyists for the preschoolers of america h e put pressure on their
In an attempt to help the farm sector, Congress has several times passed legislation initiating and then extending the requirement that ethanol be blended.
Discuss weeks objectives with your team. Include the topics you feel comfortable with, any topics you struggled with, and how the topics relate to your field.
1. What is the purpose of the United States Constitution? 2. Why is the reasonable doubt standard used in criminal cases? 3. Under what circumstances would a civil case be heard in federal court?
Watch the video: http://www.ted.com/talks/stanley_mcchrystal . Write a blog post, of no less than 100 words, about how the video relates to the module topic of intellectual traits.
The price elasticity of demand for QD elastic or inelastic?
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