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Q. What is smallest integer price that would make a firm willing to produce a positive amount? 3. Suppose that Dent Carr's long-run total cost of repairing s cars per week is: lrtc(s) = 3s2 + 12. If price he receives for repairing a car is $24, n in long run, how many cars will he fix per week if he maximizes profits?
Elucidate how principles of economics affect decision-making, interaction and workings of economy as a whole.
When you retire, you will combine your money into an account with a 9 percent return. How much can you withdraw each month from your account assuming a 25-year withdrawal period.
What can be said about the estimated slope coefficient for a regression of Y on X, versus the estimated slope coefficient for a regression of X on Y.
Elucidate each event whether it changes short-run aggregate supply, long-run aggregate supply, aggregate demand, or some combination of them.
which nation should the company locate its new plant so as to minimize costs per unit of output.
Illustrate what kind of factors are contained in u. Are these likely to be correlated with level education.
Two fi?rms compete in a duopoly market. Each fi?rm chooses a quantity and the price in the market is determined from the following inverse demand function.
What could be the full increase in real GDP from the change in government spending assuming that the aggregate supply curve is horizontal across the range of GDP being considered.
the central bank raises the actual inflation rate to 4% which sequence is most such way to occur.
Illustrate the perfectly competitive market for root beer in chaseystan has achieved long run equilibrium.
Compute the industry o/p also marketplace share at the present price of $2,200, assuming the prices are stable also un such as to change.
In 2012, Balnur taught music and earned $20,000. She also earned $4,000 by renting out her basement. On January 1, 2013, she quit teaching, stopped renting out her basement, and began to use it as the office for her new Web site design business.
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