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T shirts enterprise is selling in a purely competitive market. Its output is 300 units which sell for 10 each. At this level of output marginal cost is 1 and average variable cost is 1.50 the firm should?
With reference to the theories of Baumol and Schumpeter, and the activities of one or more real world entrepreneurs during the last decade, explain how entrepreneurship can be either productive or unproductive (/destructive)
What types of products does the US export and what types of products do we import? Why do you think those are the products we export or import? How does the strength of the dollar impact imports and exports?
In the short? run, a firm in monopolistic competition? ______.
In 1979 New Jersey had a usury law that limited the interest rate on conventionally financed mortgages for properties located in New Jersey to a maximum of 9.5 percent. what effect does the more restrictive usury ceiling in New York suburbs? Which bo..
Lana generally buys one hoagie and two diet cokes at Hoagie Haven. Hoagie Haven announces a special deal: a ll hoagies after the first one are half - price. Sketch the original and new budget constraint. What can you say about how Lana’s commodity bu..
If there is a 10% decline in the cost of women's fur coats and a 25% increase in quantity demanded Illustrate what is the elasticity.
Outline a plan that will assess the effectiveness of the market structure for the company's operations. Note: In Assignment 1, the assumption.
Consider a widget maker with an average variable cost curve, AVC = 20 + 4q, and fixed costs of $280. The market price is $100 per widget. What is the firm's total cost function? What is the firm's profit maximizing output level? Is the firm profitabl..
q.marys fence post factory faces a perfectly elastic demand curve for fence posts at a price of 39 per post. let q
A package contains 9 resistors, 2 of which are defective. If 5 are selected, find the probability of getting the following results.
Show that there is no pure strategy perfect Bayesian equilibrium for this game. Find the mixed strategy perfect Bayesian equilibrium.
Write an annotated bibliography for my economic class. Two pages long
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