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Numerical fill in the blank question: Suppose a perfectly competitive firm has the marginal cost function of MC = 3Q. The market price is given by P = $45. How many units of output will the firm produce? (Just enter your numerical answer - no symbols, units, or text).
Numerical fill in the blank question: Suppose that at this same firm's profit-maximizing level of output, average costs are ATC = $39. What are the firm's total profits earned? (Just enter your numerical answer - no symbols, dollar signs, units, or text).
Which of the following is (are) true about the loanable funds market?
Compare also contrast the yields also maturities for each of the securities. Argue elucidate which you would hold also Elucidate why relative to interest rate risk.
Consider the demand for coal with quantities in tons. When the price of coal decreases from $60 to $50, the quantity of coal demanded increases from 400 to 500 tons. Similarly the price of coal increases from $70 to $90, the quantity of coal demand d..
The Green City Hospital treated 100 patients in May with 20 nursing hour inputs, and it treated 120 patients in June with 22 nursing hour inputs. What is the total product for each month? What is the marginal product?
So let's talk about these private interest groups for a moment. Some of these groups, like the NRA or ACLU can be very influential when it comes to politics.
As a project manager would you prefer to work in the Program Management Office (PMO) environment? Why, or why not?
In 2000, the town of Brother’s Bay in Door County Wisconsin had a more-or-less free market in boat services. Any adult citizen could provide boat services as long as the drivers and the boats satisfy certain safety standards. What is the competitive ..
q1. evaluate how the following situations will affect the demand curve for ipods. believing that it has significant
In the country of Wiknam, the velocity of money is constant. Real GDP grows by 5 Percent per year, the money stock grows by 14 percent per year, and the nominal interest rate is 11 percent. What is the real interest rate? In Wiknam if Real GDP growth..
Consider the market for personal computers. Suppose that the demand is stable: the demand curve doesn't change. Predict the effects of the following changes on the equilibrium price of computers. a. The cost of memory chips (one component of a com..
What is the difference between a change in the quantity supplied and a shift in the supply curve.
Illustrate what price should firm charge to realize targeted profit. Illustrate what would be its (cost-based) mark-up ratio.
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