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Q1. Assume that in the preceding problem, the government levies an excise tax of $5 per dose on the monopolists. Illustrate what would happen to the monopolists' profit-maximizing output and price? Illustrate what would happen to consumer and producer surplus? Explain how more money would the government collect due to the tax? Illustrate what would be the size of the resulting deadweight loss relative to the competitive outcome?
Q2. Assume you elasticity of demand for your parking lot spaces are -o.5, and price is $20 per day. If your MC is zero, and your capacity at 9 A.M. is 96% full over the last month, are you optimizing?
Illustrate how the outcome would differ if all 15.3 percent were imposed on the employee or if all 15.3 percent were imposed on the employer."
q1. the current market price of smith corporations 10 percent 10-year bonds is 1297.58. a 10 percent coupon interest
In which market model would there be a unique product for which there are no close substitutes? In which two market models would advertising be used most often?
determine the environmental variable most likely to affect the short-run production over the next 12 months. Determine what managers can do to prepare for the possible change in short-run production. Pick a real or fictitious business.
Illustrate what is that technology and how does it change the marginal and average product. Please list any sources used.
find out generalized least squares estimates of the relevant function(s). Illustrate what is the profit-maximizing level of output suggested by the results in part (f).
Suppose the market price of tuna is $3.50/pound. Explain how many fisherman should the company use if the daily wage rate is $100.
A clear thesis statement An annotated bibliography for at least 10 scholarly or professional journal articles A summary that expresses the overall plan of the paper, including subtitles and topic sentences for each subtitle provided.
Camille's Creations and Julia's Jewels both sell beads in a competitive market. If at the market price of $5, both are running out of beads to sell (they can't keep up with the quantity demanded at that price), then we would expect both Camille's and..
q1. does the existence of poverty imply that our socioeconomic system is unjust? does the concentration of poverty in
q1. assume that a very competitive start-up enters the market in direct competition with the oligopoly you described in
Compute the point elasticity of demand at this TR-maximizing price also quantity. Does the elasticity have the expected value.
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