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There is a firm that can operate on domestic and export markets. The domestic price is equal to $50, the world price is equal to $20. If a firm chooses to sell its good domestically, its sales will be 40 units, if it chooses to export, its sales will be 60 units. Per unit production costs of this firm is $25 and the fixed costs of production are equal to 600. The total profits of this firm will then be equal to [profits]
What is the present worth of the machinery if the market rate of interest for Widget is 9%?
Describe "how" producer surplus is measured?
Suppose the government decides to impose a tax on gasoline and use the revenues to reduce income taxes in a manner such that consumers' income tax reduction equals the amount of gasoline tax paid. Using indifference curves and budget constraint analy..
Which of the following is a macroeconomic factor that contributed to the financial crisis in 2007? Global saving and investment imbalances Financial market innovation Deeper levels of integration across financial markets Challenges and failures in fi..
Describe a problem in replacement analysis in which the replacement was being considered due to reduced performance of the existing equipment.
What is the present value of a series of 48 quarterly deposits (starting at quarter 1) when the first deposit is $500 and the deposits increase by $50 each quarter starting with the second quarter? The nominal annual interest rate is 10% and is compo..
The supply of measels vaccines is given by Q=450*P. The demand for measles vaccine is given Q=20,000-50*P. what is the market equilibriumprice and quanity? The demand curve implies that private willingness to pay is P=400-Q/50. Propose an interventio..
a. Determine whether New Deer has a dominant strategy. If so, what is New Deer's dominant strategy?
Would a bonus provided for working really hard during the year be an example of a reinforcer?
Contact a car dealer and choose a car to evaluate a buy-versus-lease decision (keep it reasonable-no Lamborghinis).
A 150-200 word explanation on whether you agree or disagree with these statements using economics terminology.
Given that you are a newly hired government agent and you are speaking to an audience of business people, using economics terms, concepts, and or methods
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