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A firm has fixed cost of 2,000.Its short-run production function is y+4X and one-half, where x is the amount of variable factor it uses. The price of the variable factor is $3,000 per unit. Illustrate where y is the amount of output the short-run total cost function is
illustrate what would take place in the US marketplace for loan able funds. In particular to US interest rate, savings also investment.
The equilibrium quantity increase or decrease depends on Demand
At his current consumption basket, his marginal utility for hot dogs is 5 and his marginal utility for sodas is 3.
Assume an economy produces only pizza also jeans. If some resources are unique in the construction of either pizzas or jeans.
If the economy is competitive so that factors of production are paid the value of their subsidiary products, what is the share of total income that will go to land.
Decrease will have on the desired proportions of capital and labor used in producing the given level of output at minimum total cost.
Compute both Burton Cummings's explicit costs every month also his implicit costs every month. Compute the opportunity cost of the resources utilized by Burton Cummings each month.
The two economies are so far apart that they don't share ideas and each evolves as a separate roomer economy.
Provide a rational for why you feel the new target market and pricing strategy would be successful and the likely impact to the profitability of the firm.
Assume that over the last twenty-five years a country's nominal GDP grew to three times its former size.
This is the conclusion reached by the reporter who covered the vigorous price competition between Borders also Barnes & Noble in Fort Worth region during the 2006 holiday shopping season.
Suppose which the owners of the only gambling casino in Wisconsin spend large sums of money lobbying state government officials to protect their monopoly of gambling.
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