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You expect to sell 500 cell phones a month, which have a marginal cost of $50. If your fixed costs are $7,000 per month, and $5,000 of those fixed costs are avoidable, what is the break-even price?
The difference between the minimum amount that producers would be willing sell their products for and the actual amount they receive
Suppose you run a firm in a perfectly competitive industry and would like to learn about what your competition is doing.
Discuss five non-bank financial intermediaries in the American economy,relate what each one does and how it gets money.
If you deposit $5,000 in an investment that earns an annual return of 10%, how much will you have in 6 years?
Capital stock at the end of the year of this economy to remain constant as the beginning of the year, how much investment is needed.
Which of the following correctly indicates a potential path for the transmission of expansionary monetary policy to the goods and services market?
1. derive the fundamental equation of the solow model2. country a as well as country b both have the production
What are the three categories of transactions in the balance of payments? Give an example of each. Economists sometimes say that the current exchange rate system is a dirty float system. What does this mean? What are the main arguments presented aga..
What caused the Late Devonian, End-Permian, End-Triassic, and End-Cretaceous extinction? Also what major species groups went extinct in each period?
Suppose the demand for gasoline is QD = 75 – 25PD and supply is QS = 30 + 20PS, where prices are expressed in dollars per gallon. How does a $0.40 per gallon tax affect the equilibrium price and quantity of gasoline (show both the pre-tax and post- t..
Write a 3-page or so (approx. 750 word) personal review of the documentary: Niall Ferguson Civilization: The West and the Rest 2011 BBC series.
(a) If he decides to carpool with his friends. What is the opportunity cost of his decision?
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