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You are given the following demand function: Q = -1/2P + 60. At what price is total revenue maximized?
Why does estimating the costs of land cleanup and reuse activities present several unique challenges? How do you define social cost and direct cost?
No amount of copying is acceptable (allowance for references, footnotes, and quotes) and your quotes must not be more than 10% of your content - Customs and Border Protection on our Southern Borders with Mexico.
Presume that the economy has the following production function: Y/L = 8*(K/L) 0.5. Further suppose that s = 0.2, gL = 0.3, and δ = 0.1. What is the value of the steady state capital-to-labor ratio?
ceteris paribus that is all other things equal or assuming no changes to performance in future years and no change in
What function does money play for Dash, Crunch, and Bolt? Explain why Johnny's money is or is not part of the M1,and/or M2 money supply.
Find an algebraic expression for the firm's average cost function, AC(y), and for its marginal cost function, MC(y)
The French government decreased VAT (value added tax) on restaurants in November 2008 from 19.6 percent to 5.5 percent. However, an estimate shows that consumer prices have only decreased by 1.9 per cent.
Select a monopolistic competitive firm and an oligopoly firm. Then apply Porter's five forces and compare: What are the challenges to profits faced by each firm
Now suppose that all firms are revenue maximizers, taking prices as given, subject to a zero-profit constraint. Why is it difficult to contemplate an equilibrium in a case where there is free entry?
Describe the implication of income differences for the basic monocentric city model? What are the key factors in the model that determine where lower and higher income households will live? Discuss this prediction in the U.S. context.
Identify a legislative activity that affects the policy and the key legislative actors. Is the legislature of your state actively involved in this issue?
Describing the basic types of market structures in microeconomics - Identify the four basic market structures, in order, from the best for consumers
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