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Question
Demand for a new product is described by: Q= 800 - 5P (Q= Demand, P=Price). The unit cost of the product is $30. What should be the optimal selling price to maximize the profit of this product?
What role, if any, should the U.S. Government play in health care coverage for Americans? Should the government's role in terms of health insurance be different for those with jobs and for those without jobs?
Describe the basic industries of America's Industrial Revolution and explain what made the men who controlled them so successful.
Choose a research design to investigate your research question. Explain why this design is appropriate for the study. Provide a brief overview of the study you would design.
If there are diminishing returns to the variable input, will average variable cost necessarily increase with increase in output?
The Delp Computer Company has developed a new line of desktop computers. It is estimated that cash return generated by the new product line will be $800,000 per year for the next five years, and then $500,000 per year for 3 years after that(the cash ..
At type of good is PPE Surgical mask for the corona viruus. Is it a Normal or inferior good Why?
discuss the following situation a from the strictly legal viewpoint b from a moral and ethical viewpoint and c from the
discuss the following questions with your colleagues. independent research will be necessary and be sure and provide
Assume that you could have invested the annual premium in a mutual fund yielding seven percent annually. What is the net cost of your insurance for the 20-year period?
General Motors (GM) produces light trucks in several Michigan factories, where its annual fixed costs are $180 million, and its marginal cost per truck is approximately $20,000. Regional demand for the trucks is given by: P = 30,000 - 0.1Q, where ..
Find out if, for the good marked with ALL CAP lettering, if there is the increase or decrease in demand.
Consider land prices in a rectangular country. The northern edge of the country is a desirable seacoast, which is 100 indivisible lots wide. Find the competitive allocation of families over lots, and the price of each lot
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