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Gremlin Gizmos is a doohickey monopoly. The inverse demand equation for Gremlin's doohickeys is P = 10 - 2Q. Gremlin's marginal cost of production is $2. The government has proposed legislation that would result in a perfectly-competitive doohickey price. What is the maximum amount that Gremlin is prepared to spend on legal fees and lobbying to defeat the proposed legislation?
Discuss the relevant prices and quantities for the current market situation and identify what you believe is the equilibrium price and quantity.
the pear computer company just developed a totally revolutionary new personal computer. it estimate that it will take
Assume monopolizing a service or product of your choice. Discuss how you would go about setting prices for your product or service.
A perfectly competitive firm's cost function and inverse demand is estimated as TC (total cost) = 150 + 3q + 2q^2 q= quantity p=price P=135-3Q Determine the single firm long-run equilibrium quantity.
What are the optimal conditions for the creation of a monopoly? Is it always beneficial to prevent the formation of a monopoly? Why or why not?
The two major trading partners of the United States are
How you plan to use salesperson job satisfaction in your evaluations. Some advantages and disadvantages of an outcome-based evaluation.
Calculate the velocity of money in 2007 and 2014 - Suppose the velocity of money remained constant between 2007 and 2014 and that real GDP in 2014 was equal to its actual value. What would be the value of the GDP deflator?
What does "conditional convergence" mean in the context of the Solow growth model? Also what does the term "golden rule" mean?
What are the company's most significant internal risks and opportunities related to the project? Assess the microeconomic factors that might affect decisions.
What minimum price must its goods see in the market in the SR and in the LR for the firm to continue production?
in other markets price is pretty important to consumers and suppliers. is this true in healthcare? why or why not?
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