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A firm has a short run cost function of c=y^3-10y^2+35y. What is the minimum price at which the firm will supply output?
explain what occurs when a new technology makes another one obsolete in terms of economic profit. consider firm a to be
Discuss how you would explain what this class was about to a friend of yours pondering taking the same class.
Explain how much and why. This could include things such as mergers, innovative marketing, etc. Illustrate what products and/or services that made by this company.
Discuss how the two cases Microeconomic influences on McDonald's in China. Drawing on current business publications, find some update facts for each case that support this theme.
What could the FED ( Federal reserve system) do in 2002-2003 in order to bring the economy back to full-employment ? What did the FED actually do ? Explain in detail
Suppose the city of Davis imposes a luxury tax on latte producers of $1 per latte. Assume the latte market is perfectly competitive. Suppose also demand for lattes (per hour) is given by Q = 20 - 2P, and supply is given by P=2, where P is in $. What ..
Consider a league with two teams that might engage in doping. If neither team engages in doping, the odds that Team A will win the league championship are 65% and the odds that
Distinguish between the following terms- Direct subsidies vs. indirect subsidies. Auction method quota allocation vs. Rent-seeking method quota allocation. Safeguard import Tariff vs. Import tariff.
If the interest rate rises from 10 to 12%, compute what will happen to his consumption levels in period 1 and 2.
Explain why China has in recent years been manipulating its exchange rate relative to the dollar, and how it effects this currency manipulation
Does the production technology exhibit increasing/decreasing/constant returns to scale.
q1. explain and show graphically the effect on the supply and demand for bonds in a deflationary period. what is the
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