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Silkwood Enterprises specializes in gardening supplies. The demand for its new brand of fertilizer is given by the equation Q=120-4P. Silkwood is currently charging $10 a pound.
a. What is the price elasticity of demand?
b. At this price, what is the marginal revenue?
A company produces two industrial compounds X and Y that are mixed in a final product. They both contain one common input, R. The amount of R in one tonne of X.
Compute the path of the economy, that is , calculate real GDP, the price level, the inflation rate and real money stock for each year until GDP I swithin 1% of the potential. (limit calculated values to 10 decimals points)
When a process ?rst starts execution, how would you characterize the page-fault rate? Once the working set for a process is loaded into memory, how would you characterize the page-fault rate?
Consolidated Drugs, Inc. has spent $4 million developing and testing a new anti-aging drug. Management now estimates that it will cost $2 million to produce and market this new product.
Suppose that the position of a nation's aggregate demand curve has not been changed, but long-run equilibrium price level has declined.
Do you think the minimum wage law is an economically efficient means of reducing household poverty? Why or why not?
MX's profit before tax was $291,100.MX's expenses included entertaining $22,120; staff travel and subsistence $41,300 anddonations to political parties of $9,440. Calculate the tax payable by MX for the year ended 30 September 2014.
What is the nature of Adam, of humans in general? What is their relationship to angels and the other created beings? How did the angels feel about the creation
When the capital is more than the steady-state level, what happens to investment, relative to depreciation?And then what happens to capital and output for the next period - is it greater or less than those for this period?
The table above gives some of the items in the U.S. National Income and Product Accounts in 2010. Calculate the net domestic product
Discuss the effect of the arms race on the rise of Cold War tensions. Describe how differing ideologies led to increased Cold War tensions.
What are the major similarities and major differences between the direct and indirect channels of monetary policy?
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