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The monopoly's demand is p(y) = 850-2y. The cost of production is c(y) = 50y. From the MR and MC of these, I got the optimal output of y=200 units and P=$450.
The part I was having trouble with was the following:
"Suppose in addition to the costs provided, the ?rm also has a ?xed cost of $130,000. The ?xed cost is not sunk in the long run.
What population does the sample belong to? Ie: What are the general demographic characteristics of the population (students, children, healthy adults, mentally ill adults etc).
The market for blueberries in Nova Scotia is initially in equilibrium. Use a separate diagram in each situation. (Don't forget to label all relevant points, curves etc.) With the aid of appropriate diagrams:
Choose the one that you think is the best, based on information included and clarity of ideas. Write a paragraph describing it (this is called an annotation). Cite the reasons that the site seems credible (is the information accurate, has it been ..
Research the Online Library for at least two articles dealing with Business Sustainability. Summarize the articles. Make sure to include a citation for each. Then explain, whether businesses would practice sustainability, if not forced to?
This week you will discuss legal and ethical issues surrounding the use of social media in marketing. As discussed in Chapters 10 and 11 of the course text and this week's required article
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Identify universal workplace competency skills that you believe will be needed to be successful in the workplace in the next 3-5 years.
Given the total cost function: C = 5x2 + 2xy + 3y2 + 400 for a firm producing goods x and y. The firm must meet a production quota of x + y = 30. Minimize costs for a firm.
A piece of rental property will generate $10000 a year for five years,$ 12000 for the next five years, and then be sold at the end of the tenth year for $100000. If you can earn 10 percent on yours funds, illustrate what is the maximum you should ..
How you will apply a method to help you manage perception, cognition, or emotions.
What are the benefits of classifying inventory using ABC analysis? What are the different types of criteria that could be used to classify inventory?
Explain the employee training and development practices that you would recommend in Hong KongThe training and development.
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