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Q1. Assume you are to specify a short-run total variable cost function for a nursing home. Elucidate the variables you would include in the function. Illustrate the expected relation between a change in each of these variables and short-run total variable costs?
Q2. While businesses in the Macro Islands increased investment by $20 million to magnetize tourists, aggregate demand increased by $50 million. What is the MPC in the Macro Islands? Explain how you arrived at your answer.
Q3. Construction of a hydroelectric dam will effect in the permanent closure of a recreational park. The park has brought $4 million in revenues more than in last two years. Illustrate the expected total monetary loss under 4% of annual interest rate if this park is permanently closed this year?
The graph also shows the marginal revenue curve faced by this firm. Hypothetical cost and revenue curves for a computer producer. Explain how many computers will the monopolist sell to maximize profits.
Illustrate what does a point outside construction possibilities frontier indicates.
Within two weeks sales had fallen. Using your knowledge of game theory, illustrate what do you think disrupted McDonald's plans.
The discount rate for the stock is 15% and the rate of return on reinvested earnings is also 15%
How can you use these tools to decide best path for your company to pursue. Illustrate what are pros and cons of utilizing se tools.
What kind of goods are gasoline and road deaths. How might this impact how we evaluate increases in gasoline prices.
illustrate what constitutes a perfectly competitive marketplace structure. Support your argument with empirical evidence wherever possible.
Explain why lean manufacturing requires a stable demand environment. Describe how success to successful system archetype works. What should be done about it.
As internet banking spreads, velocity begins to increase at a rate of 3 percent per year. What will happen to the rate of inflation? How could the ECB offset the impact on inflation.
If the countries split the market evenly, Illustrate what would be South Africa's production also profit
From the scenario, determine the relevant costs for the expansion decision, and distinguish between the short run and the long run costs.
Show why the firm should not be charged a per-unit tax on the firms output to compensate for the pollution it discharged into a major river. Devise a game plan for responding to the questions that will be raised in the joint session of the subcomm..
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