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A price-taking firm's variable cost function is VC= 2Q^3 where Q is its output per week. It has a sunk fixed cost of $500 per week. Its marginal cost is MC= 6Q^2 a. What is the firm's supply function when the $500 fixed cost is sunk?
How can the procyclical movement of interest rates(rising during expansions and falling during contractions) lead toa procyclical movement in the money supply as a result of Feddiscounting Why might this movement of the money supply beundesirable
two firms compete in the emerging market for energy drinkscold medicine hybrids that feature caffine alcohol and cough
the demand curve for a product is given by qdx 1200 - 3px .01pz where pz 300.a. what is the own price elasticity of
1. indifference curves are convex to the origin ifa. a persons marginal rate of substitution declines a he or she
What type of market structure is the auto industry? Has consumer surplus been affected in any way due to the changes in the auto industry structure, and if so, how?
use a graphical illustration to describe briefly what the influence of each of the following be on the market supply of
w=10, r=25. The price of output is constant at $50. The production function is f(L,K) = L^.5K^.5.If the current capital stock is fixed at 1600 units, what is L* in the short run? How much profit will the firmearn?
What characteristics of the market make it more likely that a dealer will quote prices at random rather than stick with a single one, or will choose prices that vary with the perceived characteristics of individual customers.
a monopolist faces a market demand curve given byq 240 - pand a cost function ofc q 10 40q q2a find the prot
Demand for a managerial economics text is given by Q=20,000-300P. The book is initially priced at $30.00. Write the demand equation for which the price elasticity of demand is zero for all prices.
jennifer trucking company operates a large rig transportation business in texas that transports locally grown
1. why does the assumption of independence of risks matter in the examples of insurance? what would happen to premiums
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