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There are 100 identical firms in a perfectly competitive industry.
Market demand is given by -200P +8000. If each firm has a marginal cost curve, MC = .4 q + 4.
What is the firm's supply curve? What is market supply? What is equilibrium price? Equilibrium quantity? How much will each firm produce?
Explain, in your own words, what a "store within a store" is. Provide 3 situations where this could work. Explain the logic behind your decisions.
In the market for SO2 pollution permits, suppose that a key component to technology for reducing SO2 emissions comes from China, and that part needs to be replaced every year. And, suppose that import tariffs are increased for Chinese imports. De..
The total rate of return is equal to the: A. sum of the coupon rate and the current yield. B. yield to maturity. C. sum of the current yield and the actual rate of capital gain or loss. D. sum of the current yield and the expected rate of inflation.
1) What type of mutation causes Sickle cell amemia? What type of mutation causes Huntington's disease? these diseases?)
Consider the example presented in Figure 13-3. Imagine that the current price of waste disposal is $0.025/lb and the average waste disposal is 2.40 lb/p/d. As noted in the diagram, when the price was previously $0.01/lb, the average waste disposal wa..
If the George Firm is minimizing costs, its RTS is 1.5, and it pays its workers $30 per hour, how much must it pay for each hour it uses its capital?
In the economy of Nocoin, bank deposits are 300 billion, bank reverse are 15 billion of which two-thirds are deposit with the central bank.
Calculate the equilibrium price and quantity. Assume that a price ceiling of $7 is appied to this market. What is the deadweight loss (loss of social welfare) that results in the interruption of market mechanism? Calculate the dollar amount. Draw a g..
If a major sports star were to move into your neighbourhood, what would you expect to happen to the neighbourhood's "average" income?
Assume that you have just been hired as a financial consultant to a startup company that plans to introduce a new beverage to the soft drink market. Your company’s product is advertised as a healthier alternative to soda and other artificially flavor..
If you receive an inheritance of $10,000 today, how long do you have to invest it at 8% per year to be able to withdraw $2,000 every year forever? Assume the 8% per year is a return that you can depend on forever.
As the saying goes, "the only sure things in life are death and taxes." This saying points out the result that everything having to do with taxes is an automatic fiscal policy.
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