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You are a manager in a perfectly competitive market. The price in your market is $45. Your total cost curve is C(Q) = 10 + 2Q + .5Q2 and MC = 2 + Q.a. What level of output should you produce in the short run?b. What price should you charge in the short run?c. Will you make any profits in the short run?d. What will happen in the long run?
Elucidate the balance sheet balances if these are the only assets and liabilities. Supposing that the people hold no currency, what happens to each of these values.
Illustrate what is area of employment why has this shift occurred in illustrate what direction would shift in labour supply and demand go. Illustrate what would be its effect on equilibrium of labour market.
Louie produced 300 fire trucks. What action leads to both gains in revenue and loses in revenue for Louie.
Assume which winemakers in the state of Indiana petitioned the state government to tax wines imported from other states.
The marketplace is highly competitive, with boxes currently selling for $100 every thousand. Conigan's total and marginal cost curves.
Review the biographies of each of the seven members of the Board of Governors.
Assume you have a production technology to can be characterized by a learning curve.
illustrate what prevented the villagers from reaching this higher-income allocation of resurces when they acted independently
Elucidate how does a industry conclude its prices also the quantity of labor required in the resource marketplace during a specific period
Illustrate what is the source of IKEA's success today. Can you see any weaknesses in the company. What might it do to correct these.
Explain the debate on equal rights, especially as related to marriage, for gay men and lesbians continues. Would you classify this as an issue or as a problem.
Explain is it possible for the new long-run equilibrium price to be above the original long-run equliibrium price.
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