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The inverse demand for a homogeneous-product Stackelberg duopoly is P = 40 - Q. The cost function for each firm is C(Q) = 4Q. What is the output of the leader?
Is it possible to achieve zero inventories? Why or why not? Why does JIT manufacturing require a stable schedule? What are some technological advances that support the goals of JIT? Will JIT work in service environments? Why or why not?
How is the market compensating wage differential between safe jobs and risky jobs determined? Which type of job will offer a higher wage?
Explain how the practice works of direct price discrimination works and estimate effect of price discrimination on profits compared to charging a flat price.
one reason for rising interest rates was the prospect of a refinancing issu; a $12 billion issue matures April 1 , and the governmoent is expected to seek some new money ,in excess of its refinancing needs. why dosent the government get the cente..
Would you recommend it to increase or decrease price, ignoring the cost of production? What effect would your answer have on ferrari's brand?
Why are the advantages of an economy using money rather than barter? What is barter and what are the shortcomings of barter?
If Mountain Mack splits his week evenly between carving fishing lures and duck decoys what is the maximum number of fishing lures and duck decoys he could carve
Write a critical commentary on the Stern review on climate change from the perspective of African nations. You can use case studies of one or more African nations.
Suppose that Dr. Slight has $100 to spend on goods X and Y. Each good costs $1. Dr. Slight’s preferences are such that he will exchange one unit of Y for two units of X to maintain his wellbeing, regardless of how much of each he is currently consumi..
Compute the velocity for each year. Compute the fraction of nominal GDP that was being held as money. What is your conclusion about the stability of velocity.
A competitive firm produces output using three fixed factors and one variable factor. The firm's short-run production function is q = 305x - 2x2.
A local newspaper purchased a color photography and reproduction system for $28,000. The annual revenue from the work of this system is $20,000.
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