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Q. The long-run cost function for LeAnn's telecommunication firm is: C(q) = 0.03q2. A local telecommunication tax of $0.01 has been implemented for each unit LeAnn sells. This implies the marginal cost function becomes: MC(q, t) = 0.06q + t. If LeAnn can sell all the units she produces at the market price of $0.70, Compute LeAnn's optimal output before and after the tax. What effect did the tax have on LeAnn's output level? How LeAnn's did profits change?
The Federal Reserve chairman acknowledged the economy was in a recession. What actions might the federal government take to give the economy a boost?
Elucidate what would the seller's cost of capital have to be in order for the discount to be cost justified.
Discuss some of the decisions that you must make in the short run and what might you consider to be your "fixed factor"
If it makes sense that one type of labor can substitute for another in production, how can capital, a physical object, substitute for labor, a human being?
Quantity of pizzas demanded soared following week from 1 pie an hour to 100 pies an hour. What was price elasticity of demand for Domino's pizza.
The Acme Paper Company lowers its price of envelopes (1,000 count) from $6 to $5.40. If its sales increase by 20 percent following the price decrease, what is the elasticity coefficient?
Every Saturday morning he requires his sales staff to send him a report. This report Comprises, among other thing, the number of professors visited during the earlier week.
Illustrate what will happen to the forex marketplace rate CAD/USD if you continue trading with your strategy.
what is the growth rate of constant- dollar real gdp using year 1 as the base year? What is the growth rate of constant- dollar ral GDP using year 2 as the base year?
Can anyone think of a program which costs a lot but does not provide long lasting benefits.
As per to the production possibilities curve above, what is the opportunity cost of adding an additional 100 jars of guava jelly in an economy that is already producing 200 jars of guava jelly.
Explain why sharp decline in oil prices might not necessarily have positive or negative impact.
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