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Suppose duopolists in the market for spring water share a market demand curve given by P = 50 - 0.02Q, where P is the price per gallon and Q is thousands of gallons of water per day. The marginal cost of producing water is assumed to be zero (0) for both firms. If firm A produces zero gallons of water per day, firm B's best response is producing: Optimal output for Cournot duopolists moving simultaneously is If one firm acts as a first mover, the second firm will produce
Which of the following is NOT a function of rental prices? What are the effects of an increase in the minimum wage? who would be most affected? The minimum wage laws seek to.
The world has gone through several different international financial orders (for instance the Brenton Woods order, then the IMF) over past 100 years. Explain how each one came into being and why the order eventually ran into difficulties and was susp..
Your research shows that your product should be 10% more efficient than this nearest competitor. What is the True Economic Value of your product?
A perpetual bond pays coupons of 6% every yr on a face value of $1,000. The rate of return on the bond is 8.9% every yr.
Suppose France is an open economy and cannot influence the world price. If the world price is below the domestic equilibrium price, how would an increase in domestic supply affect the price and quantity demanded?
What will the value be if it borrows $100,000 and repurchase the outstanding shares and the cost of equity, WACC after recapitalization?
Suppose that the U.S. government decides to charge beer producers a tax. Before the tax, 15,000 cases of beer were sold every week at a price of $7 per case. After the tax, 10,000 cases of beer are sold every week; consumers pay $9 per case, and prod..
In what ways does the Krugman model of trade differ from the Heckscher-Ohlin model of trade? Carefully explain. In what ways does the Linder theory of trade differ from the Heckscher-Ohlin model of trade? Carefully explain.
q1. a monopolist has demand and cost curves given byqd 10000 - 20ptc 1000 10q .05q2a. find the monopolists
An alternative has a discounted project cost of $4,185,000 with no salvage value. The estimate was in constant dollars and the discounting used mid-year factors. While the period of analysis is 5 years, the alternative only provides benefits for the ..
Gina Picaretto is production manager at the Rich Manufacturing Company. Each year her unit buys up to 100,000 machine parts from Bhagat Incorporated. Is the increase more likely to be justified in the short run or the long run?
What are 3 reasons why economists have been able to justify the claim that the period from December 2007 to June 2009 represented the worst economic downturn since the Great Depression?
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