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Questions:
A. Graph the profit maximization for a perfectly competitive firm. Show equilibrium profit and quantity.
B. Show and explain the situation in which a profit maximizing, perfectly competitive firm is earning a positive economic profit. Be sure to label the profit maximizing level of output and shade in the area that represents profit.
C. Show and explain the situation in which a profit maximizing, perfectly competitive firm is earning a negative profit and chooses to continue to produce in the short-run.
D. Show and explain how B would change if the firm chose to shut down. What would have to happen to cause the firm to shut down.
The question asked which 2 categories of goods or services had the greatest price increase for the month?
What ideas and plans do you have about approaching each of the 3 main phases and related tasks? What are the pros and cons of PBL?
Return to the wage regression discussed in the text. Empirical evidence shows that the wage-work experience (wasp) profile is concave - wages increase.
$10,000 is exchanged into Swiss francs at an exchange rate of $1 = 2 SF to buy the bonds. How many dollars will the investor have after one year if the exchange rate is then $1 = 1.5 SF?
Find the price of a corporate bond maturing in 5 years that has a 5 percent coupon (annual payments), a $1,000 face value, and an AA rating. A local newspaper"s financial section reports that the yields on 5-year bonds are AAA, 6 percent; AA, 7 perce..
You estimate the demand function for the square shreddies to be Qs=80-20Ps-6Pm+10Pd, where Pm is the price of milk, Ps is the price of the square shreddies, and Pd is the price of the diamond shreddies. what is the elasticity of demand for the squ..
Tara is considering leaving her current job, which pays $56,000 per year, to start a new company that manufactures a line of special pens for personal digital.
What is usually the relationship between a bond’s rating and the interest rate a company pays to buyers. the rating is the same as the rate or else.
What are the positive consequences of preventing the offshoring of U.S service sector jobs,what are the negative consequences? Do these consequences change with the passege of time?
A nation has a low inflation rate than all growth. It has more rapid economic growth. The central bank does not intervene in the foreign exchange market.
What is the difference between the auto industry of the 1950's and today. Has consumer surplus been affected in any way due to the changes in the auto industry structure, and if so, how?
Illustrate what is the likelihood of a second industrial revolution in underdeveloped countries today.
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