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A firm sells its product in a perfectly competitive market where other firms charge a price of $80 per unit.The firm's total costs are C ( Q) = 40 + 8Q +2Q2.
a.How much output should the firmproduce in the short run?
Find out two articles that discuss the local, state, or federal taxation of a good. Describe the effects of taxation and price controls on the economy.
Make sure you indicate the horizontal and vertical intercepts. Now, suppose the local government is considering two health plans. Under plan A, the government will give out vouchers worth 2 free visits to the doctor.
Discuss on social diversity and business ethics and how has a more diversified labor force affected the corporate structure and economy?
Describe some theories or explanations of why the crime rate fell in the 1990. Murders are now on the rise again.
Explain. A Congressman asserts the following argument: we need to produce more oil here in the United States. We consume 20 about million barrels of oil per day. If we promoted oil drilling in the United States, we could easily increase our domest..
Administrative work: Exactly 2 workers are necessary to perform the administrative work for the business to operate. The administrative workers do not generate revenue.
The organization you wish to pursue will convert existing hybrid Toyota Prius automobiles to plug-in hybrid vehicles.
Given the high levels of unemployment, many workers aren't getting wage raises very easily. Will the change in productivity likely increase or reduce prices in the economy?
What are the seven objectives normally listed in respect of a government’s economic policy? What are the effects of these on the economic development of small open economies?
Imagine that you intend to buy a portfolio of ten stocks with some of your savings. Should the stocks be of companies located in the same country?
In the early part of the past decade, there was an overproduction of coffee. The value dropped so low that manufacturer' costs were higher than the market value.
Elucidate what would have been the economic effects of this. Describe the pros and cons.
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