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Q. Suppose you elasticity of demand for your parking lot spaces are -0.5, and price is $20 per day. If your MC is zero also your capacity at 9 A.M. is 96% full over the very last month. Explain are you optimizing?
Q2. It is always better to hire a more qualified and productive worker then a less qualified and productive one regardless of cost. True or false Explain
Q3. Why did the contraction of United States as well as Japanese economies and the rise in the value of the yen hurt Sony's exports from Japan?
Explain how much does the customer pay. Explain how much does the government receive as tax revenue.
A new Taurus bought in 1994 cost $18,680 and it could have been sold as used in 1995 for $12,600.
Write down the profit maximization problem for the rm.
Identify the causes of the crisis, the steps the private and public sector took to resolve it, and what leaders should do to keep it from happening again.
Suppose the economy is in a recession and per capita disposable income is expected to decrease by 5%, then what percentage effect on sales would you expect to take place.
One feature of a financial crisis is that there is a high demand for safe assets and a low demand for risky assets.
he perfectly competitive form maximizes profits by producing 10 units of output. At what price does it sell these units.
Define Mercantilism, Pick a country and talk about the products they import and export with the U.S.A. Also talk about the composition of trade with relation of abundance of the two countries
Competition in the market is such that each of the firms independently produces a quantity of output.
What would be a short-term impact on the production of the corporation. Illustrate what would be the long term.
What are some methods for improving the financing of the U.S. health care system. Are these methods realistic and achievable? Justify your answer with solid reasoning and appropriate references.
Provider A charges $120 per month for the service regardless of the number of phone calls made.
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