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A pharmaceutical company is the only producer of a drug that has a demand curve represented by on = 1,394 - 6P. Rearranging this yields the inverse demand curve P = 1,3914% - OBIS. The marginal revenue curve is MR = P = 1,394.1'6 - 20016. The pharmaceutical has no fixed costs and has a constant marginal cost. Thus, marginal and average cost are equal. A0 = MC = 7 What is the price this pharmaceutical can charge for what it produces? ROUND TO THE NEAREST CENT
Scott Jensen owned two hundred acres of farmland in California. A creek flowed through the land, and Jensen used water from the creek to irrigate his crops. The water was adequate for his needs. apply stare decisis and divide the water rights because..
Lenny was a resident of Maine and Milly was a resident of Arizona. Both went on vacation to Nevada. When on the golf course, Lenny drove the golf car recklessly, hit Milly, breaking her back. Milly suffered damages of $84,000. Indicate which states c..
Good X and good Y are complements. U(X, Y) = min (5X, 4Y). Price of X is $5 and price of Y is $4. The total income is $80. Write the consumption ratio of good X and good Y. Write the budget constraint.
Is the relation between "Wal-Mart" and its consumers, workers, and communities typical or atypical of the relation between businesses and consumers, workers, and communities? Explain.
Wall Street Journal costs $206, payable now, for a two-year subscription. Newspaper is published 252 days per year. What is a subscriber's cost per copy of newspaper, taking interest into account.
Calculate total degree of freedom. Calculate the pooled variance. (Round the answer to 2 decimal places)
A hospital's emergency department may be the first point of contact that a patient may have with a health system. What factors may contribute to the cultural co
Target rate of inflation is 2%, Economy is operating at full potential. The FOMC sets a target federal funds rate of 5%, what's real interest rate?
Consider the following ethical dilemma:
Let the investment described in question 6 be option A and suppose the company could instead purchase some more expensive equipment with an initial cost of $40,000 (call this option B) that would lower the annual operating costs to $5,000. Assume ann..
Sally owns a ceiling fan company. Last year, she sold 1300 ceiling fans at $60 each, and each fan costs her $30. Before going into the ceiling fan business, she worked as a fan-dancer at $38,000 a year.
The questions on this homework deal with an economy called Economica. Calculate the economy-wide currency ratio. Because precision is very important with the multiplier and its components, round your final answer and any intermediate steps to THREE d..
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