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Refer to the above table. Now assume there are 100 identical firms in this industry, each of which has the same cost data as the single firm described above. Suppose too that the demand curve for this industry is as shown below: Quantity Price Demanded $360 400 290 500 230 600 180 700 140 800 110 900 80 1,000 The equilibrium price will be: A. $140 B. $180 C. $230 D. $290
q. desired consumption is 100 0.8y - 500r - 0.5g and desired investment is 100 - 500r. real money demand is p y -
q1. suppose demand and supply are given by qd 7-12px and qs14p-12determine the equilibrium price and quantitysuppose a
Generally wind turbines can substitute for coal in the production of electricity. Imagine a breakthrough in the production of wind turbines reduces the cost of generating electricity with wind by 50%. How would this alter the incentive to find and pr..
Southern European countries (e.g., Spain, Greece, Italy, and Portugal) traditionally export low-tech manufactured items such as textiles, toys, and footwear that are in direct competition with inexpensive goods from China. Why are southern European c..
List several ways that people and businesses in the green movement are participating.
Attending to local culture and customs is critical for this type of FDI. Why then has management frequently errored and offended local people? What take-aways fromthis case can be applied to the new park in Shanghai. Critically evaluate remedial a..
You work for a national chain of clothing stores that is considering importing textile from India into the United States. You want to determine whether the goods are subject to import quotas. Using information provided by the United States Custom and..
Ten lions confront a single Christian. The most ferocious lion can eat the Christian if he wants to. If the most ferocious lion does not eat the Christian, everyone goes home.
In game theory, a dominant strategy refers to a choice
A company just purchased a new machine, which has a first cost of $320,000. Salvage is estimated at $75,000. Use both SL and MACRS depreciation over a 7-year recovery period, determine the depreciation charge and the book value for year 5,. Explain h..
the simple interest for buying a passenger transit rail is shown as the product of the principle amount p time in years
Among which of the following could not bar entry into an industry. Firms prevent collusion among firms regulate natural monopolies correct the outcomes of positive and negative externalities in private markets.
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