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Question: A producer in a perfectly competitive industry has a cost function described by TC(q)=16,000+6q+0.1q^2. If the market price is 90 and it has already committed to paying the fixed cost, what is the maximum profit for the producer?
Can discoveries continue to keep up with depletion? Why or why not and is OPEC's power likely to increase, decrease, or stay the same? Why?
difference between GDP per capita measured at official exchange rates and that measured at purchasing power parity
Synthesizing Information Identify at least two instances where you have personally benefited from government regulations. Explain the benefits.
Assignment: Engineering Economy- What are the loan payments for each interest period in this loan? What is the total interest paid on this loan?
Those who advocate that the Fed target monetary aggregates, usually argue that the Fed should not alter its monetary targets in response to temporary changes in macroeconomic conditions, yet those who advocate interest rate targeting never recomme..
Using a budget line and indifference curves
Would you expect the kinked demand curve to be more extreme (like a right angle) or less extreme (like a normal demand curve).
Derive the two firms' best response functions. Verify that if firm A responds to qb by selling on both markets (i.e. qa>0 and qm>0) then marginal revenues are the same on both markets. Explain the intuition.
consider a simple two person economy in which the two citizens curly and moe can produce two different goods butter and
Why are new surgical techniques developed with public funds whereas pharmaceutical research and development is conducted privately by for-profit firms?
Suppose that the reserve ratio is .25, and that a bank has actual reserves of $15,000, loans of $40,000, and demand deposits of $50,000.
Write a reaction paper on the given video, a very high-quality work is required. Reaction Papers video title: Growth, TFP, and Inequality
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