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Question - The figure illustrates the average total cost (ATC) and marginal cost (MC) curves for an apple farmer. Assume the market for apples is perfectly competitive.
If the market price for apples is $66.00 per crate, then what will be this apple farmer's profit?
Use the rectangle drawing tool to shade in the apple farmer's profit. Label this shaded area Profit'
Carefully follow the instructions above, and only draw the required objects.
select a company maybe your employer and assess how it uses data in marketing its products or services. if it is not
The following describe a small open economy : C= 60+0.8(Y-T) I=150-40r NX=200-60e G=200 T=150 M=3500 P=4 R*=5 Calculate the equilibrium exchange rate , level of income and net export
Two factories together have marginal abatement cost equal to MACT = 750 - 6eT, where e1 + e2 = eT. The undesirable pollutant imposes a cost on the residents of society and this is given by the marginal damage cost MD= 4eT.
Based on this information, how much would you have to enjoy the next bowling game, expressed in terms of dollars, to play another game?
Analyse the impact of an increase in the price of crops and a (proportionately smaller) decrease in the price of fuel on a low income person who spends most of her income on food (derived from crops).
Analyze the current market conditions of the Home Depot. Include the history of the Home Depot, the market in which it operates role of government regulations of firm and any issues that the Home Depot faces.
What is the optimal degree of air cleanliness? What is the optimal degree of air pollution? Suppose that a state provides subsidies for a company to build plants that contribute to air pollution. Cleaning up this pollution causes the marginal cost of..
How has the World Wide Web allowed supported the establishment and functioning of these businesses - Do you think that the World Wide Web has made it easier or more difficult to start new businesses? Explain your answer.
How many units of labor should the firm use in order to produce 400 units of output at the least cost and the minimum cost of producing 800 units of output is what?
Outline a plan that managers in the low-calorie, frozen microwaveable food company could follow in anticipation of raising prices when selecting pricing strategies for making their products response to a change in price less elastic.
Discuss perfect competition and long-run equilibrium. Provide detailed descriptions, definitions and concrete examples of your findings.
What are the main problems of using headcount ratio and income gap as poverty measures in a region?
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