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Q Qd=500-5p also Qs=2p-60
a. Graph the supply also demand curves.
b. Illustrate what are the equilibrium quantity also price?
c. Elucidate how much consumer surplus exists in this marketplace?
d. If there is Pmin = 10 ->> Illustrate what is the cost to the government?
e. Illustrate what is the deadweight loss?
Illustrate what would be the effect of poor weather on the consumer surplus, producer surplus, deadweight loss?
Q. Once an economy is on its production-possibilities curve; further economic growth requires an expansion of productive capacity.
Nevertheless your total unit sales have increased over this period. Assuming rational buyers and no deceptive advertising, how can you account for this.
What must the CFO expect about the Australian Dollar/US$ exchange rate 1 year from now if she chooses to invest in the US $ CD's instead of the Australian CD's.
Robert Nozick concluded which no state should provide any services beyond law enforcement.Illustrate what is the equivalent certain income to this bet.
The annual operating and maintenance expenses are estimated to be $1,000. If Convington's MARR is 15%, how many years will it take before this machine becomes profitable.
Consider the following Demand equation that represents Demand for goods to your company produces q=100-2p. Total cost of production is cq. Given to your company's objective is to maximize profit
In what sense can this be said to be unfavorable to the trade partner. Does this mean that the welfare of the trade partner has definitely declined.
Calculate the constant debt-GDP ratio that the country can achieve if the country runs a primary budget deficit of 3%. Is this debt-GDP ratio stable.
Why does Michael Porter admonish companies will not change his competitive positioning any more regularly than once every four or five years.
Firms raise capital from investors by issuing shares in the primary markets
A construction company is bidding on a project comprising five high-rise buildings to be erected one after the other.
Illustrate what would the new price also output in the market be. Illustrate what would the new level of output for the typical firm be.
A group of 20 doctors are considering forming a new medical group also has asked you to prepare a report on whether they should build a facility in an area.
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