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Q. Price q Elasticity of Demand is equal to = 2 at every point along this demand curve. A. Suppose that C (q) = 10q + 3,500,000 (for which MC (q) = 10 ). Use Inverse Elasticity Pricing Rule in order to determine profit maximizing price and level of output for this firm. Is this firm able to earn a positive profit?
Firms raise capital from investors by issuing shares in the primary markets
Utilizing a graph of equilibrium in the housing market, describe carefully which parties win and which parties lose from rent control.
Exportof goods and services to foreigners is $1 million and import of goods and services from foreigners is $1.5 million.
Carefully explain the concept of the reaction function in duopoly analysis.
Suppose the dollar exchange rates of the euro and the yen are equally variable. Which currency, the euro or the yen, would you consider riskier.
Illustrate what way are entrepreneurs also businesses at the helm of the economy but commanded by consumers.
Explain how a bill become a law in order.the bill goes back to the floor of the senate for consideration. the house committee, compairised of members from both houses of congress,works outany differences concerning the bill.
Estimate the owner's decision to start Sound Devices. Are any of the above costs likely to be one-time costs? If so, how would this affect your answers. Explain.
structural unemployment of 2 percent, seasonal unemployment of 0.5 percent and cyclical unemployment of 2 percent, illustrate what is natural rate of unemployment.
The rapid globalization of capital markets enables persons also institutions based in one nation to invest in corporations based elsewhere with relative ease.
If you were to learn that gatorade introduced new favors in 2010, how should that information affect your calculation to the inflation rate.
Illustrate what are the benefits also the costs. Under Illustrate what conditions would you advocate for trade restrictions.
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