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Suppose the supply curve is Q=2P. Suppose there is no sunk cost.
a. what is the producer surplus if 10 units of the good are sold at price P=5
b. graph the supply curve, P=5, and the area of the producer surplus
What is price in business? New products can come through product refinement and a product extension. Explain each.(What is product refinement and a product extension)
q. 1 the contracting and organizations research institute at the university of missouri maintain lots of interesting
Suppose that a public accounting firm plans to hire some accountants for tax season. What will happen to the marginal product of labor as the firm hires more and more accountants?
q.in the early 1980s interest rates on long-term debt were at remarkable levels - above 15percent higher. within a
While virtually anyone with a degree in college chemistry could replicate the industry's formula, due to the relatively high cost, Semi-Salt has decided not to apply for a patent.
Suppose someone tells you that, over time, free trade is helping capitalists and harming workers. What fact would you cite to challenge this statement?
Illustrate what is the equilibrium cost of a car stereo also illustrate what is the equilibrium quantity of car stereos per day.
What are the effects of increasing in government spending both mandatory and discretionary spending on US economy forecast ot grow by 1.5%
The market demand curve for the industry is D(P) = 240 ? P/2. At the equilibrium market price, each firm produces 20 units. What is the equilibrium market price, and how many firms are in this industry?
One problem with using an actual cost system to allocate overhead is that:
Is it necessary to register a trademark? What are the benefits to registering a trademark? What distinguishes a trademark from another symbol or group of words?
Could the Fed affect the money supply by buying and selling goods or services other than bonds? For example, suppose the Fed decided to implement an expansionary policy.
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