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Suppose the cost function is C(Q)=50 +Q-10Q2+2Q3. What is the marginal cost of producing 10 units?
For the following market, find the equilibrium price (P*) and quantity (Q*) The market clearing conditions are Qs=Qd=Q* and Pd=Ps=P*
Discuss the reasons companies such as Under Armour or Calvin Klein might use an in-house agency rather than an external agency. Why might a company change from using an in-house agency and hire an outside agency? Do you think they will continue to ha..
Assume a two-country world containing country A (whose currency is the dollar) and country B (whose currency is the peso). In this context, and using relevant graphs, explain how a depreciation of the dollar against the peso (for example, a 10% depre..
A country has only two inputs K and L and produces two goods X & Y. It is endowed with 30 units of L and 15 units of K. Industry X is endowed with 25 units of L and 5 units of K and industry Y has the rest of L and K. This is an inefficient allocatio..
At what level must be a ceiling price imposed upon the monopolist's market to cause the monopolist to supply the efficient quantity supplied?
How versus simply ordering each farm to reduce pesticide use to 40% of current levels under threat of heavy fines for non-compliance.
1. Suppose that the costs of litigation are $100 for both the defendant and the plaintiff. If the plaintiff wins, she collects $500. The probability of winning
EXplain how does a decrease in foreign price levels affect domestic aggregate expenditures and demand.
What were construction workers’ real earnings in 1989 stated in 1982–1984 dollars?
Is amazon an international supply chain and how? What types of transportation do their logistics operations involve?What might their supply chain organization l
Who are the winners and who are the losers from "free trade"? Why do economists believe that a a tariff is better than an import quota? (Actually most economists do not like either!). Why is the "infant industry" protectionist argument perhaps valid ..
"Organizational and HR theories should follow the contingency approach." Comment on the accuracy of this statement.
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