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Question: Firms expecting a cold winter will anticipate an increased demand for scarves resulting in an increased future price. How will the market adjust today?
a balance of trade trade balance is the difference between the monetary values of exports and imports of a countrys
If the price of labor and capital are $10 and $20, respectively, and the firm's management has decided to spent only $7,000 daily on production costs, how many units of output can the firm produce? (Use the substitution method).
1. industry demand function q 14 - frac12p 0.001income. marginal cost is fixed and equal to 16. fixed costs 0. you
A monopolist has two sets of customers. The inverse demand for one set may be described by P=200-X. For the other set, the inverse demand is P=100-2X. The monopolist faces constant marginal cost of 40.
Start with an arbitrary utility function u(x1, x2) that is differentiable. Let v (u) is a monotonic transformation of u.
mitchell electronics produces a home video that has become increasingly very popular with children.nbsp
What is the future value of 24 periodic payments of $4,620 each made at the beginning of each period and compounded at 8%? What would you pay for a $194,000 face value bond that matures in 15 years and pays $19,400 a year in interest if you wanted to..
Describe why some firms might suffer diseconomies of scale. Do you know any examples? Could GM be an example of diseconomies of scale?
the age distribution of students at a community college is given belowage in yearsnumber of studentsnbsp fundernbsp
In an effort to stop the migration of many of the automobile manufacturing facilities from the Detroit area, Detroit's city council is considering passing a statute that would give investment tax credits to auto manufacturers. Effecively, this wou..
A machine tool, which has been used in a plant for 10 years, is being considered for replacement. It cost $9500 and was depreciated by MACRS depreciation.
1. construct a numerical example to show that as marginal product mp rises marginal cost mc falls. explain your answer
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