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At the end of the year, a firm produced 40,000 laptop computers. It's total cost were $10 million and its fixed cost were $5 million. What are the average variable cost (to the nearest dollar) of this firm?
Assess the value of healthcare professionals and decision makers understanding the discipline of health economics. Defend or critique the importance of considering the complex nature of health and healthcare when examining the economic principles rel..
Suppose you have estimated the consumption function as C=250=0.90Yd where Yd is disposable income. what is the corrosponding saving function?
Assume that the Ahearn Bank & Trust has the following balance sheet items: If Equity Capital is the only item I left o? this list, then how much equity capital does the bank have? What is the maximum amount of new loans the bank can issue?
One organization must have high fixed costs also low variable cost also the other must have low fixed costs also high variable costs.
The recent recession seems to be ending, the number of people with jobs is expanding, and it appears that wage levels are beginning to increase. Against that background, assume that you own a perfectly competitive company that makes a popular line of..
Read "Attitudes of the Industrial Middle Class in Britain and Japan" (19-1d). What are the differences between the viewpoints of Samuel Smiles and Shibuzawa Eiichi? How do you account for those differences? Do they share any values or outlooks?
Determine the present worth of a geometric gradient series with a cash flow of $50,000 in year 1 and increases of 6% each year through year 8. The interest rate is 10% per year
“We saved 17% of our disposable income during the recession, the highest rate since World War II. The level of savings has fallen off since then to less than 10% of disposable income.” a)Would the higher savings rate eased or exacerbated the recessio..
What is the marginal revenue of a firm that sells a product at the price of $15 and the price elasticity of demand for the product is -2? What is the price elasticity of demand of a firm that sells a product for $20 and marginal revenue is $12? Use t..
What are the credit risks faced by retail banking
Real estate magnate Donald Trump once proposed a one-time tax of 14.25 percent on the net wealth of every American with more than $10 million. Would this be an efficient way to raise tax revenue? Why or why not?
For the past few years, Cuban baseball players have been leaving their country illegally to play professional baseball in the United States. (Ex. Yasiel Puig, Rusney Castillo, Jose Abreu). What laws in Cuba are restricting them from leaving legally? ..
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