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A monopoly has a demand curve of D (p)=150-3P. If marginal cost is equal to 2, what is the profit maximizing quantity?
David Jones deposited $4,247 in a savings account on Jan. 1st 15 yrs ago. He received 6.05%/yr interest for the first 12 years and 2.49% interest since then. How much will his account be worth at the end of this yr (i.e., at the end of the 15th year
Sam promises to pay Sandy $2,000 in four years and another $3,000 four years later for a loan of $2,000 from Sandy today. What is the interest rate that Sandy is getting? Assume interest is compounded monthly.
A Bristish pharmaceutical company spent several years and considerable funds on the development of a treatment for HIV patients. Now,with the protection afforded by patent rights,the company has the potential to reap enormous gains.
What does it mean to have an imperfectly competitive market. Clarify with examples.
You are manager of BlackSpot Computers, which competed directly with Condensed Computers to sell high-powered computers to businesses. From the two businesses' prospective, the two products are indistinguishable.
q1. americans already enjoy living standards that far exceed world averages. do we have enough? should we even try to
What effect might the depreciation of the U.S. dollar relative to the Japanese yen have on imports and exports to and from each country?
If you were boarded on an airplane that had already started taxing for takeoff when the plane suddenly stopped and turned around and the passengers were told to exit immediately because the airplane had gone out of business, and they were left str..
The value of cross price elasticity of demand between goods A and B is 0.75, while the cross price elasticity of demand between goods A and C is -1.38. Characterize A & B and A & C as substitutes or complements. Explain why this is the case.
At a market price of $50 a batch, illustrate what quantity does Lin's produce also what is the firm's economic profit in the short run.
One way to eliminating the tax on capital gains is to index gains for inflation. According to recent U.S. government statistics, $1 in 1972 had the purchasing power of about $3 in 2012. What would be the effect of adjusting capital gains for inflatio..
Suppose that you own a 25 year old movie theater in Micropolis. It has 6 screens and a concession stand. Across town there is a 7 year old movie theater with 4 IMAX screens and 20 more regular screens. Do you think that your firm (the small theater) ..
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