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Q "The public service company of the southwest is regulated by an elected state utility commission. The firm has total assets of $500,000. The demand function for its services has been estimated as:P= $250-$0.15QThe firm faces the following total cost function:TC= $25,000+$10Q(The total cost function does not comprise the firm's cost of capital).
In an unregulated environment, Illustrate what price would this firm charge, Illustrate what output would be produced, Illustrate what would total profits be also Illustrate what rate of return would the firm earn in its asset base?
Examine the following list of goods and services. Which goods and services should be included in Fredonia GDP in 2009, which should be excluded, and why.
We know tastes and preferences play an important role in demand. Do you think of any possible future "popular product".
The overall effectiveness of the organ procurement system in the United States. What are its strengths and weaknesses.
Suppose the entire civilian labor force is 20,000 people and the number of unemployed is 2,000 people.
If the Federal Reserve had maintained a constant money supply in the face of this change, what would have happened to the interest rate.
Could Boeing's margin probable rise or else fall if yen then depreciated as well as competitor prices were unchanged.
What is the equilibrium cost as well as equilibrium supply.
Do you think this particular budget cutting policy helpful to curb the growing budget deficit.
The water is identical in the two sizes and John gets no utility from the containers themselves, only from the water.
If the demand curve is much more inelastic than the supply curve, clarify whether buyers or sellers will shoulder more of the tax burden from a new tax placed on the sellers.
Assume that you live in a simple economy in which only three goods are produced and traded.
Assume that after the exchange of one permit, the marginal cost of abatement is for the firm that sold the permit for $170 also the marginal cost of the firm
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