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What is the function of neural indicants of processing of transient ambiguity?
The model of the steady-state rate of unemployment assumes that the size of the labor force is fixed. If the size of the labor force is allowed to vary: Please tells me how the job-loss and job-finding processes will differ from the situation when th..
Explain using graphs and words, how advancement in engine technology would change an airline's TC, VC, FC, ATC, AVC, AFC and MC?
q.the small city of le locle has been served by the same local newspaper for the last 30 years called the le locle
A piece of equipment costing $57,500 is being considered for a production process at Dew Chemicals. The expected benefits per year are $4,500 and estimated salvage value is $10,000. Determine the rate of return the company can get in this equipment p..
If both have a real GDP per capita today of $20,000, compare their real GDP per-capita in 100 years. Please show all of your working.
You are the manager of a monopoly, and your demand and cost functions are given by P = 200 – 2Q and C(Q) = 2,000 + 3Q2, respectively. What price–quantity combination maximizes your firm’s profits? Is demand elastic, inelastic, or unit elastic at the ..
Consider a hospital that has a demand curve given by P=180-4Q. Their total cost curve is given by TC=95+2Q. a) Please write down the expression for MR (marginal revenue) and MC (marginal cost). What will be the optimal P and Q? What will be their tot..
Marginal rate of substitution between leisure as well as labor as well as the marginal product of labor in the Robinson Crusoe model.
Consider the timing: The incumbent chooses whether to invest; then the entrant observes the incumbents investment decision; then the firms compete in prices. Show that in subgame perfect equilibrium (SPNE) the incumbent does not invest.
Define three types of elasticity of demand. Indicate how you would use information from recent research paid by your company that the own price elasticity of your product is -1.2 and not -0.8 as previously thought.
If a monopolist can find buyers for 10 units at a price of $40, and if the marginal revenue due to the 11th unit is $18, the highest price at which the monopolist can find buyers for 11 units must be
The long-term result of entry and exit in a perfectly competitive market is that all firms end up selling at the price level determined by the lowest point on the:
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