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The minimum feasible longrun average cost for firms in a perfectly competitive industry is $40 per unit. If every firm in the industry currently is producing an output consistent with a long-run equilibrium, what is the marginal cost incurred by each firm? What is the market price
Draw a supply- demand diagram of the federal funds market and show the effects of a Federal Reserve Purchase of $85 billion in US Treasury Notes during a Quantitative Easing Campaign after the Fed has already lowered its Fed funds target to 0 - .25%.
Two Developing Countries with two Different international Economic Results: A Comparative study of chile and Bangladesh. Make note of how the article deals with economic theory: do you think it lacks sound economic theory?
Newspaper reports frequently suggest that the administration (regardless of who is president) wants the fed to lower interest rates. Why do you think that might be the case?
Suppose that two goods are perfect complements. If the price of one good changes, what part of the change in demand is due to the (Slutsky) substitution effect and what part is due to the (Slutsky) income effect? Explain.
Compute the unknown cash flow X in years 2 and 3 for the project. The project's cash flow for years 0 through 3 are: ($)
State the basic characteristics of pure competition, pure monopoly, monopolistic competition, and oligopoly. Into which of these market classifications does eac
Assume the? risk-free rate is 1.6%?, the market risk premium is 7% and? AllCity's tax rate is 35%.
Ginny is working for a marketing firm making $50,000 per year but considers starting her own marketing company. Ginny has determined that to launch the business, she needs to invest $80,000 of her own funds. which means that she will have to quit her..
Supposre that there are equal numbers of each customer type, and that the MC of the iphone is $100."
If decision makers do not bear the major wealth effects of decisions, then:
Linda made a deposit of $400 in her savings account 5 years ago. in the first year her account was earning 6%, but she did not deposit any money. in the second year her interest increased to 8%, when linda knew about the increase she deposited C amou..
Consider the market for crop insurance. Farmers can purchase this insurance and it provides a payoff if the farmer's crop fails. In general, crop insurance mark
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