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In calculating the incremental cost of a particular project, how would you treat the possible future costs of a lawsuit that may occur as a result of this project, where the cost of the lawsuit might range from $10,000 to $500,000 with an associated probability distribution?
you have an opportunity to invest in a new plant. the fixed costs are 100000 per year. the marginal cost of production
A monopoly has demand given through P=20,000-25Q, and costs given through C(Q)=100Q+25Q2. Find the profit maximizing level of price and output.
How much will Jacob earn? What proportion of his annual salary will be economic rent? Why won't the advertising company for which Jacobs works be able to earn an economic profit?
trudeaus body shop incurs total costs given by tc 2400 100q. if the price it charges for a paint job is 120 what is
a identify three types of competition that most firms encounter other than competition from other firms in their
what is the appropriate balance between private and public i.e. government activity? think of a case where the
If the price elasticity of demand for bananas is -1.5 and the price elasticity of demand for grapefruit is -2.5, and the marginal cost of producing each of the items is $0.50 each, what is the profit-maximizing price for each?
You are told that 75 cents out of every extra dollar pumped into the economy goes toward consumption (as opposed to saving). Estimate the GDP impact of a positive change in government spending that equals $25 billion.
Build the time series for the Index of Openness (Export of Goods/GDP) using a spreadsheet and build the time series of Imports of Goods/GDP.
How do these websites help the company strengthen its relationships with its stakeholders List the website(s) that you previewed and give examples to support your answers. Who are the stakeholders that the company serves
If there is a natural monopoly one firm owns all the natural resources in the production of a good, such as owning the diamond mines needed to produce diamonds.
Who sells permits and how many do they sell Who buys permits and how many do they buy Briefly explain why the sellers and buyers are each willing to do so. What is the total cost of pollution reduction in this situation?
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