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In industry, how long does it take for all short-run fixed costs to become variable? Which fixed costs take the longest to become variable?
Discuss the differences between procedural and object-oriented programming. Now that you have learned both techniques, which method do you prefer?
What sum invested now will be worth £500 in 3 years' time if it earns interest at 12%?
Consider a monopolist that produces a good at a constant marginal and average cost of 5$. The market demand is given by p=53-Q. calculate the monopolists profit at the profit at the profit maximizing equilibrium.
The following, adapted from a merger case in 2014, were the approximate U.S. market shares of different cigarette companies: Altria, 47 percent; Compute the Herfindahl for this market, showing how you arrived at this number. Suppose that Reynolds Ame..
q1. manipulate demand of price elasticity. suppose that 50 units of a good demanded at a cost of 1 unit. a reduction
An economy produces only agricultural products (x) and manufactured goods (y). A quarter of the land in the country is arid and not suitable for agricultural products. Therefore, if half of the arid land is not used at all:
Supposed you own a barbershop/saloon. You are considering lowering the price of either haircuts or alcoholic drinks. The actual elasticity of demand for haircuts o 1.36 and for alcoholic drinks is 0.62. which price should you lowers? Explain
The demand for gasoline is inelastic and the supply of gasoline is elastic.
Suppose that there are two markets, given by the following demand curves, q1(p1) and q2(p2); and a monopolist with cost function c(q1, q2). Solve for the first-order conditions to characterize the optimal solution when the monopolist serves both mark..
If, in a particular year, the government ran a budget deficit of $200 billion and the private sector's holdings of government securities increased
A computer costs $1, has an estimated life of 10 yrs and a scrap value of $1500. Assuming no inflation and an interest rate of 4%, what uniform annual amount must be invested at the end of each of the 10 yrs in order to replace the computer?
The futures price on Wednesday is $1.605. Find the banker's ending margin balance on Wednesday.
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