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Suppose that the demand function for a monopoly is given by Q(A,P) = 100-P+A^0.5, where Pis price, and A is its advertising level. Its marginal cost is 5, and its marginal cost of advertising is 1. Calculate the output level, price level for profit maximization. What is the optimallevel of advertising?
Conduct research and report some plausible reasons for the budget deficit during this period.
Any economic advantage/disadvantage of your current household status ie single, roommate, married? Can we really study Marriage as an "economic" preference?
Calculate your opportunity cost of going to a movie premiere at the theatre with your friend Spencer on Saturday night in the following scenarios. You have no other plans for the night, and Spencer is paying for your ticket. You have already bought y..
How do you distinguish between the concept of development economics and that of traditional economic growth? Do you agree with the notion of many economists who contend that the development economics is greater in scope than traditional economics? Wh..
suppose the yield to maturity on a 1-year bond is 6 percent. Everyone expects inflation over the year to be 3 percent, but it turns out to be 5 percent. What is the nominal interest rate on the bond, the ex ante real rate, and the ex post real rat..
q.in 2008 financial crisis has basis macroeconomists to re-think monetary as well as fiscal policies. financial experts
currently there is an incumbent monopoly in a market. a potential entrant may enter. the incumbent can spend x dollars
Major factors in the system of American government are the political parties and their roles and functions within the system. In a minimum of three well-written paragraphs, discuss the roles and functions/purpose of the political parties as they curr..
People have a demand for cars, and a market economy provides sweaters. There is evidence that people also have a demand for national defense, in that they are willing and able to spend some of their money on defense. In your response, briefly explain..
A one billion dollar increase in government purchases will have a greater effect (multiplier is greater) on GDP than a one billion dollar decrease in taxes because:
Now suppose that the firm must pay a 50% tax on its revenue. What is the value of the desired capital stock?
How important is it to have education for physicians since they are a critical component to improving coding practices?
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