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In the long run every firm in a perfectly competitive market will earn just normal profit, no excess profit, and no loss. Discuss and explain with the help of a graph.
What is the capital recovery cost for a machine costing $420,000 with a life of 6 years and a salvage value of 20% of the initial cost?
i am looking for the modeli answers of the following attached 11 questions the questions are related to poter five
Then inflation turns out to be higher than they both expected. Is the real interest rate on this loan higher or lower than expected?
Which of the following is an example of sexist language?
According to the Coase Theorem, the rancher should not care whether the farmer or the rancher owns the lake. Explain why for your answer.
-Draw graphs of the following relationships (Hint: first decide which variable is dependent/independent, then consider the relationship between the variables):
In principle, the benefits of international trade to a country exceed the costs, no matter?whether the country is importing or exporting.
The elacity of demand for a firm’s product is - 2 and its advertising elasticity of demand is 0.1. determine the firm's optimal advertising -to-sales ratio? if the firm's revenues are $50,000, what is its profit-maximizing level advertising?
a. What was gross foreign investment in this nation last year? b. What was net foreign investment in this nation last year?
A college student has been looking for new tires and has found the following alternatives:
True or False: The market for tomatoes does exhibit the two primary characteristics that define perfectly competitive markets.
What is the firms degree of operating leverage at sales equal to (a) 6,000 machines, (b) 9,000 machines, and (c) 12,000 machines?
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