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Q. Trying to figure out how to calculate the markup on cost with a 50% markup on price. Is there a formula or vice versa a 50% markup on cost is equivalent to a markup on price of what. An answer of 50% for both just seems too easy.
Q. Mark lives on a certain acre of land for thirty years, believing that he owns it. Nora appears, claiming that she owns it. Mark wants a court to decide who owns the land. A court could decide this dispute based on.
Suppose the following were facts relating years of education to average annual income of individuals. Would you use the inductive or deductive method to derive an economic principle from these facts.
suppose that the other firm holds its rate of output constant, solve for the optimal output of each firm. What is the total profits of the two firms.
Give an economics analysis of that liability standard for product-related harms.
Compute the aggregate demand curve and aggregate supply curve that would maintain the state of economy in less than full-employment level of real GDP.
In 2003, when music downloading first took off, Universal Music slashed the prices of CDs from an average of $21 to an average of $15.
Explain briefly why the sellers and buyers are each willing to do so. What is the total cost of pollution reduction in this situation.
Illustrate which currently operates out of an office in a small town near Boston, just discovered a vacancy in an office building in downtown Boston
Illustrate what would happen to total employment, the size of the labor force, and the unemployment rate? Show the results graphically.
The cost curves of the firm. In terms of economies of scale, why would a firm sometimes want to expand output and sometimes not want to expand output.
illustrate what kind of policy would you recommend to slow population growth.
Elucidate how might firms "avoid" experiencing diseconomies of scale also illustrate what does the long-run average cost curve look like when diseconomies of scale exist?
Given the same price elasticity of supply, sellers would be able to pass along the largest portion of a 10% tax on which item.
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