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Q. Assume an industry has total revenue of $200 million, explicit costs of $190 million also implicit costs of $20 million. This industries accounting profit is Illustrate what?
Q. If a large-scale war resulted in massive destruction of physical facilities, but not loss of life, Illustrate what would you expect to occur to MPK also MPL
Q. Please briefly describe the effect of the tax increase on equilibrium real GDP also the equilibrium price level. Will the changes in equilibrium real GDP also the price level is larger or smaller than they would be if the tax increase affected only aggregate demand?
What performance % would you use to trigger executive bonuses for that year.
Someone proposes to buy the farm from you for $1 million. Would you make more by selling the farm or keeping it
If the college charges all students the same tuition, illustrate what tuition can it charge to cover all of its costs.
If Jason produces 250 kilograms of food per month, Explain how more liquor must he produce to achieve production efficiency.
The third largest city of a country has a population of 12.5 million.
Illustrate what will be the price of this new drink in the long run, assuming the industry is a Cournot duopoly.
The cost leadership approach implicates competing by having a lower cost than one's competitors
Suppose at the current level of labor used, the MRP = $100 and the MFC = $50. Elucidate the maximize profits
Government encourage a decision to expand? How would it affect the reputation of the business?
assume which the benefit to the villagers of each additional cow grazing on the commons declines as more cows graze
That of the following would mostly likely cause the Demand for miller beer to reduce.
They are all highly populated areas with target markets suitable for your products. One factor is which there several formidable competitors in all of the areas
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