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Q. Competitive Market Equilibrium: The firm provides recycled toner cartridges for printers. The market is perfectly competitive.TC=$4000+5Q+0.1Q2; MC=ΔTC/ΔQ=$5+$0.2Q, where Q is the number of recycled toner cartridges.
Calculate the firm's optimal output and profits if prices are stable at $55 per toner cartridge.
Calculate the firm's optimal output and profits if prices rise to $65 per unit.
Calculate equilibrium output, price and profit levels if the firm is typical in its industry.
A Post Office is set up in the Constitution but no Central Bank was. Why didn't the founders of the US who wrote the Constitution include a bank? How did this omission hamper US economic growth and, more importantly, US economic stability?
supposed short run inverse demand in a monopolistically competitive market is represented by px18-0.2x. cost is given
Was she calls her company's distribution manager and requests a special delivery for her customer. Jenny is providing the important marketing function of.
Illustrate wage would a monopoly union demand. Explain how many workers would be employed under the union contract.
If the firms could collude also agree on Elucidate how to split the total profits illustrate what outcome would they pick.
Suppose the Caribbean market was deregulated so that the routes become perfectly competitive, find out the price and the number of trips for the Kingston-Georgetown route.
The national economy has been in a slump for several years, but recent signs of strength in much of the economy have led many forecasters to conclude that an expansion could finally be in the offing.
Explain how you were to learn that a bottle of Gatorade rise in size from 2009 to 2010, should that information affect your calculation of the inflation rate.
At what price of food in terms of manufactures would A and B respectively supply food? Would trade take place between A and B in David Ricardo’s world? How many manufactures could B supply?
Suppose sellers of liquor are required to send $1.00 to the government for every bottle of liquor they sell. Further, suppose this tax causes the price paid by buyers of liquor to rise by $0.60 per bottle. Elucidate which of the following statemen..
If the mutual fund will average 9% annual return over the course of your career, explain how much can you expect at retirement.
During the Great Recession, like any other economic downturns, as unemployment rises, aggregate income declines causing a major decline in tax collections.
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