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The relationship between marginal revenue and elasticity is a. when demand is elastic marginal revenue is positive and when demand is inelastic marginal revenue is negative b. whenever the elasticity is positive, marginal revenue is positive c.whenever the elasticity is negative, marginal revenue is positive d. when demand is elastic marginal revenue is negative and when demand is inelastic marginal revenue is positive e. the total revenue equals 0 at the quantity for which the demand is unit elastic
The function for the net exports is NX=200-100e, where e, is the exchange rate, and the exchange rate is initially 1.0.
Illustrate what problems would occur if the managers of each division were given incentives to maximize each division's profit separately.
By how much will total economic surplus change if the city council passes a law requiring employers to include full reimbursement
sofa manufacturer presently is using 50 workers also 30 machines to produce 5,000 sofas a day.
Explain what are two initial responsibilities of the financial manager. From the Internet what are two additional ideas about the other activities that financial managers are involved in on a day-to-day basis.
What is the Law of Diminishing Returns. Discuss a company's two short run options: 1. stay open or 2. shut down.
Why are Average Cost Curves U-shaped? Illustrate what is Law of Diminishing Returns. Discuss a company's two short run options.
Illustrate what does this mean for the survival of small firms in the industry.
Explain how does your graph relate to the other two graphs. What do any of these graphs have to do with price discrimination.
If you had to create an instrument that measured the prosperity of a nation, Illustrate what would be the three most important aspects of the society you would include.
Elucidate what could be done to encourage people to spend more so as to increase aggregate demand and invariably, create employment possibilities.
Compare the rationale of the Reagan administration for the 1981 tax reductions with the rationale behind the Kennedy-Johnson tax cut of 1964
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