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Imagine a watch making firm has a cost function of C=2q2 +10.
a. If each watch is sold at $100, how many should the firm sell?
b. If the market price of the watch is increased to $120, how many will the firm sell now?
Adam Sandler has a utility function U(C, L) = C1/3L1/2. The wages now available to him are $9/hr. Non-wage income in royalties are $6 a day. Find the MRS for Leisure to Consumption to find the optimal ratio of Leisure to Consumption. Write out and dr..
Identify fifteen sources and create an annotated bibliography related to Solar Power Energy. In addition to identifying the sources, write two sentences about why you selected the source and two sentences about the content of the source.
Illustrate what happens to the demand curve for turkey in the u.s. In November. What happens to the curve after the holiday. Why do these changes occur.
The profit-maximizing firm is operating in a perfectly competitive market where the market price is $100 and the marginal cost curve is determined by the equation MC = 20 + 10Q. What is the output for the firm?
What was the original name for HIV, and did it lead to any negative consequences?
Outline a strategic plan for yourself to begin planning for a job after graduation (assume you have finished your degree). Include your value proposition, targeted organizations, objectives, strategies, and the internal and external factors that may ..
In year 1, the rental apartment market in a certain city is in equilibrium. In year 2, the population of the city grow significantly.
Design a new human sensation and/or perception that is likely to contribute to improved awareness or survival. Let's see if everyone can come up with their own unique idea. Let's also take precognition (seeing the future) and any form of telepathy or..
Which of the following is an example of a Federal Reserve operating target?
A student is chosen at random from this sample. What is the probability that the student has a paid assistant-ships?
a. Explain if this cost function satisfy law of diminishing returns.
An entrepreneur is deciding whether or not to open up a new gym. He currently makes $50,000 per year as a personal trainer and will have to give up this job if he opens the gym. If he opens the gym, it will cost $100,000 per year in rent and other op..
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