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Explain in detail what the United States of America's national debt is? i.e What is the US national debt?
The cost curves of the firm. In terms of economies of scale, why would a firm sometimes want to expand output and sometimes not want to expand output.
The recent merger of US Air with American Airlines received both national and local attention. The U.S. Department of Justice contested the merger on the basis that it would produce harmful monopoly-like behavior in many airline markets. Develop an a..
Communication Flows in organisations. Give an example of a communication for each of the 4 flows. Explain your answer.
Consider Bertrand competition but with differentiated products. The products are Mishka’s coffee and Temple coffee. The demand for Mishka’s coffee is given by qM =12 − 2pM + pT where pM is the own price of coffee and pT is Temple’s price of coffee. F..
Your firm is one of 100 identical firms operating in the short run in a perfectly competitive market. Your total cost function (short run and long run) is C = 800 + 25 q + 0.5 q2, and your marginal cost function is MC = 25 + q. Find the lowest price ..
In a long run aggregate supply and demand context where the economy starts with an output gap of $500 billion, the reserve ratio is .1, and the Federal reserve buys $50 billion in bonds, show the effect of this monetary policy. Assume banks loan out ..
If all other car dealers sell either the same number of vehicles or fewer, what is the largest value that the Herfindahl index could possibly take for car dealers in your area?. In that same situation, what would the four-firm concentration ratio be?..
q1. old economy traders opened an account to short sell 1300 shares of internet dreams at 46 per share. the initial
1) The potential gain from trade for the first unit of the good they exchange is:
Your the manager for a college football team. Assume you own the stadium and the variable cost per attendant is $0. You’ve been told by your in-house economist that you should set the price of tickets at $50 to maximize profit (at current, you set on..
A firm's production function is qi = .2*Ki.2Li.4. The wage rate in this area is w = $15, and the cost of capital is r = .05. a. Find the firm's short run cost function, if Ki is fixed at $100,000. b. If the good is exported around the world at a pric..
Suppose that twin eye doctors work across the hall from each other. Even their parents have trouble telling them apart, and they both went to the same medical school. From this information, we would guess that the price elasticity of demand for eithe..
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