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Type of document would help you understand better: : How can understanding what kind of learner you are help you to determine which type of document would help you understand better: process explanation or instructions?
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Business Economics Questions & Answers

  Write down the long-run total cost as a function

Suppose that the cost of a unit of capital is r and the price of a unit of labor is w and the level of output is y. Write down the long-run total cost as a function of w, r, and y.

  Elucidate what might cause these fluctuations in supply

Suppose the demand for loanable funds was stable but the supply fluctuated from year to year. Elucidate what might cause these fluctuations in supply.

  What is the cost function associated with producing y units

What is the cost function associated with producing y units of output? Assume now that input prices are (w1,w2). What is the cost function associated with producing y units of output?

  Compute the numerical elasticity of long-run demand

Compute the numerical elasticity of long-run demand. Is it unitary, elastic, inelastic, etc. Explain why would consumers demand 0 minutes in the long run if the price was $.30 per minute.

  Marginal utility of the fifth unit

Cole has $27 that he plans to spend purchasing 5 units of good X (priced at $3 per unit) and 6 units of good Y (priced at $2 per unit). The marginal utility of the fifth unit of X is 30, and the marginal utility of the sixth unit of Y is 30.

  Quantity of output demanded at every price level

If the quantity of output demanded at every price level increases by $1 trillion, Illustrate what happens to equilibrium output also prices.

  Show the impact of the expeted future in gasoline prices

show the impact of the expeted future in gasoline prices on the current demand for gasoline by shifting the demand curve on a graph.

  Research one case of trade restriction-implemented by nation

Research one case of trade restriction, implemented by any nation. Research your topic, using at least 2 sources, and write a brief report (approximately 2 pages) on your findings.

  Calculate the arc price elasticity of demand for wheat

Calculate the arc price elasticity of demand for wheat in the two situations below: Can you explain/account for the difference, if any, in the two elasticities?

  What is the profit-maximizing price of e-books relating

The company has determined that it would earn zero economic profits if price were equal to average total cost, and in this case it could sell 20,000 copies. In the short run, what is the profit-maximizing price of e-books relating to do-it-yourself..

  What monthly rate on interest is the loan company charging

the comnpany offered to pay his debts in one lump sum if he would pay the company $308.29 per month for the next 36 months. What monthly rate on interest is the loan company charging on his transaction?

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If the government unexpectedly levies a five-cent tax on every gallon sold by gasoline retailers, illustrate what will happen to the representative firm's cost curves.

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