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Assume P = 65 - 2Q. The cost per additional unit (MC) is zero for the first five units, and then $5 per unit after that. There are fixed costs of $50. Once the optimal level of output is determined, how much profit does the firm make?
What should the role of international organizations be in helping to shape the global economy? Do they help or hurt local economies? What should their relationship be with local governments? What should their relationship be with global businesses..
Midwestern power companies generate much of their electricity by burning coal. Tall smokestacks, required because of concerns about local pollution, carry the sulfurous smoke high into the atmosphere. How will the proposal affect the welfare of peopl..
Please write a 250 word report on The current and projected unemployment over the next five years using the resource below:
What is the shadow price of labor when output is maximized subject to a labor constraint? In a perfectly competitive market, what curve can be drawn from the firm’s short run supply curve? When demand is perfectly elastic, what portion of costs from ..
What is the probability that the mean height for the sample is greater than 64 inches? Assume o=2.84
Suppose Chase opens a monopoly drink stand. He has two types of customers. Customers of type A have a demand function Qda= 5-P and customers of type B have a demand function of the form Qdb= 10-2P. Assume Chase has a constant marginal cost of 1 for p..
Fidelity Magellan is a large cap growth mutual fund and Fidelity Small Cap Stock is a small cap growth mutual fund (Morningstar Funds 500, 2006).
Consider commodity space where x1 is food and x2 is everything else. Allow food to have the price p1, and allow everything else to have the price of dollars, so p2 = $1. Denote income as m. Write out your budget set using mathematical set notation.
What changes did Sanger describe in married relations in recent generations? What changes did Sanger hope would come about if unplanned pregnancies could be prevented? Do debates concerning birth control and unplanned pregnancies still occur in the U..
He could earn 4.5% on his money in other investments with equal risk. What is the most he should pay for the annuity?
A statistician had a data set containing 13 data points written in his research notebook. He spilled coffee on his notebook and now he cannot read two of the data values. He remembers that the sample mean of the original data set was 24.923 and the s..
Which of the following is not based on the benifits recieved principle of taxation? At all points along the production possibilities frontier?
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