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You are the manager of a monopoly and your demand and cost functions are given by P = 200 – Q and C(Q) = 2,000 + 3Q^2, respectively. I answered a & b, just need help with the others.
a. What price-quantity combination maximizes your firm’s profits?
Discuss on social diversity and business ethics and how has a more diversified labor force affected the corporate structure and economy?
It is often suggested that the Bank of Canada try to reduce the inflation rate to zero. If we assume that velocity is constant, does this zero-inflation goal require that the rate of money growth equal zero.
"Most of the firms spend considerable amounts of money on advertisement". Explain advertising elasticity of demand and its practical applications in this context.
Given an increase in spending of $1,000, and a Marginal Propensity to Consume of 80%, what would be the total increase in the GDP what would the Multiplier be?
If Greece leaves the Euro zone there will be macroeconomic consequences. The possible collapse of the Euro zone acts as a shock to sellers around the world worried about international economic stability. Show the short run impact of such an event...
Like supermarkets, full-service department stores like Macy's are generally in decline. What factors might these types of stores have in common behind their declines How would you determine which were important and which were not
Suppose that Congress passes legislation making it more difficult for firms to fire workers (an example is a law requiring severance pay for fired workers). If this legislation reduces the rate at which people are let go from their jobs
Given the industry's concern that workers shirk, they start employee at $10 and increase the pay by $0.40 each year they are on the job.
Using the theory of oligopoly and the concept of prisoners dilemma, explain why the cigarette companies did not cut on advertising on their own to increase their profits before the law went into effect?
The United States is one of the wealthiest country on earth, yet our fundamental economic difficulty is scarcity. How can this be? Also, determine the broadest and narrowest measures of money & how are they used?
California Electric has a cost of equity capital of 16%. The company has consistently been authorized a return on equity capital below this expenses.
Illustrate what are the roles of central bank independence and financial market development in budget deficits and inflation.
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