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Your firm’s research department has estimated your total revenues to be R(Q) = 600Q – 4Q2 and your total costs to be 60 + 2Q2. (Note that MB = 600 - 8Q and MC = 4Q).
a. What level of Q maximized net benefits?
b. What is marginal benefit at this level of Q?
c. What is marginal cost at this level of Q?
d. If the firm produces at the point where net benefits are maximized, what are the expected total revenues and totals costs?
Which of the following is true regarding the federal appellate court system's use of ADR?
q.what would be the production possibility frontiers for brazil and the united states?without trade the united states
Ana Lexington is the director of Membership Programs for the St. Louis Museum. She develops the programs and sells them to museum visitors. The programs are tiered and include discounts and special member-only deals. Which of the following actions by..
Select a company in your country of origin that is involved in importing and/or exporting, run a thorough research on the company’s business operation. Your goal is to understand how government involvement in international trade has helped or harmed ..
Use the market relates to vertically integrate as:
What are examples of a perfectly/purely competitive firms that you have recently purchased a product from in the last couple of months? Explain how you relate your answer to the market characteristics.
Please explain each effect of the three effects also explain the downward slope of the aggregate demand-aggregate supply model: Real-balances effect, interest-rate effect, and foreign-purchases effect.
Mary invested $20,000 into a bond fund 10 years ago. This fund had a track record of providing a very good return. She checked with her investment broker and found out that she has an accumulation of $36,000 in the account. What is the annual interes..
Illustrate what will be the price of this new drink in the long run, assuming the industry is a Cournot duopoly.
The domestic demand and supply for sugar are Qd=40,000-200P, and Qsd=10,000+300P. The foreign supply is Qsf=20,000+100P. What is the total supply of sugar in the domestic market?
Compute the average revenue and the marginal revenue of a fully competitive firm and illustrate in diagrams both the curves of the average and the marginal revenue.
In response to the Great Recession a number of European governments adopted aus- terity policies which cut government spending on goods and services. Assuming no change in autonomous consumption or in autonomous investment, explain whether such an au..
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