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Many identical firms are operating in a perfectly competitive market at its long-run equilibrium, each with T C = 40 + 20q + 0.1q 2 and MC = 20 + 0.2q. The market demand curve is QD = 5000 - 5 6 P.
(a) How much does each firm produce?
(b) What is the corresponding market price?
(c) What is the total quantity traded in the market? How many firms are present?
ABC Ltd is currently paying a dividend of $3 per share. If investors expect this dividend to be maintained forever andWhat is the value of each ABC share today?
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In the early days of information systems, the IT department controlled all of the components of the system from data retrieval to processing to reporting. Today, the IT department is being directed to do the same tasks, but uses devices that are mobi..
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