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The Sunshine Corporation finds that its costs are $40 when it produces no output. Its total variable costs (TVC) change with output as shown in the accompanying table. Use this information to answer the following question(s).
Refer to the above information. The marginal cost of the third unit of output is:
a. $105. b. $25. c. $15. d. $20.
Give an example of a government created monopoly. Is creating this monopoly necessarily bad public policy?
A firm will have constant profits of $100,000 per year for the next four years and the interest rate is six percent. Assuming these profits are realized at the end of each year, what is the present value these future profits?
The Faculty of Economics and Administrative Sciences is considering to throw a party to its students. The marginal benefits to the students are given by MB=1200-Q2.
The Central Bank of Muji wishes to eliminate the recessionary gap while expansionary monetary policy. The central bank can do so by stimulating consumption and planned investment.
If the fluctuations in the economy's real growth rate from year to year are caused primarily by variations in the rate at which aggregate delivery increases
Explain how the Typical Firm also Industry Delivery also Demand to analyze the impact of this tax.
Why manufacturer guarantees the computer for one year only. The cost of the extended warranty is $150. Analyze this proposition using the concepts you learned in the module on risk analysis.
All the big computer manufacturers have little "Intel Inside" logos in their television advertisement.
Compute point elasticities at prices of 5 and 9. Is the demand curve elastic or inelastic at these points.
Illustrate what is the market elasticity of demand. What is your elasticity of demand in this Cournot oligopoly.
Analyze the reasons for and against the merger and assess the actual performance of the consolidated company against the pre-merger expectations.
Do not try to explain people's tastes, but they do try to explain what happens when tastes change.
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