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Why the MC (marginal cost) is looks like a ''U''? When the serving is 1 (no extra production) what is the marginal cost? What is the x axis(Q) looks like?
For the 2nd quarter of 2011, identify the estimate for the current dollar value of Gross Domestic Product for the USA and explain in words what this number measures.
A major limitation of nonrandom samples is that they are not appropriate for most statistical methods. Critically review this statement with suitable examples and supportive references.
Express the income from sales of monitors in 2012 as an index, based on the income from sales of monitors in year 2011 = 100.
Describe several major antitrust cases in the United States. How do these laws affect (or affected) your work place or products used at your work place.
Distinguish between the Federal funds rate and the prime interest rate. Why is one higher than the other? Why do changes in the two rates closely track one another?
Suppose that natural real GDP is constant. For every 1 percent increase in the rate of inflation above its expected level, firms are willing to increase real GDP by 2 percent.
The only legal employer of military soldiers in United States is the federal government. If the government uses its knowledge of its monopolistic position, what criteria will it employ when estimating how many soldiers to recruit?
Discuss why the same types of problems may exist in government as well, where elected officials are the agents and voters are the principals.
Two executives were arrested by authorities for embezzling money for their firm. Short of confusion the only had enough evidence to put them away for 10 Years.
You have been hired as a consultant by your local mayor to look at the various market structures. Your role is to provide analysis and answers to these important questions that will help the mayor understand the structures of many of the businesses i..
Which of the following is an advantage of an indexed equity mutual fund relative to a managed equity fund? a. Indexed funds generally have better stock pickers.
Ford executives announced that the company would extend its most dramatic consumer incentive program in the company's long history-- the Ford Drive America Program. The program provides consumers with either cash back or zero percent financing for..
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