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Explain in technical details why the lagrange multiplier is crucially used in analyzing the theory of the consumer.
Further, as a managerial economist show how you can apply this technique to advise your company you work for to make sales without making loses and affecting your customers negatively.
What is an injection into the circular flow? When, in theory, is an economy in equilibrium? The response must be typed, single spaced.
What is the economic meaning of a recession? · A brief discussion of fiscal policies · A brief discussion of monetary policies.
the world economic forum publishes an annual global competitiveness index that ranks the national competitiveness for
Distinguish between collusive and non-collusive oligopoly. Explain the following features of oligopoly.
Find the new equilibrium price, quantity, and profits of the industry. How much did the monopoly gain from the innovation and What can you say about.
because of the economic sanctions cast away islands cannot import hollywood movies or dvds. eunyoung is a super genius
Algebraically, determine what price Katrina's Candies should charge in order for the company to maximize profit in the short run. Determine the quantity that would be produced at this price and the maximum profit possible
Gus spends his income on gas for his car and food. The government raises the tax on gas, thereby raising the price of gas. But the government also lowers the income tax, thereby increasing Gus' income. And this rise in income is just enough to place ..
Suppose that the market for radios is perfectly competitive and there is the simultaneous increase in supply and demand. What can be said about the new equilibrium relative to one before the shifts in supply and demand occurred?
Clear Limited produces Plasma TV and distributes to retailers under her own house brand. Recent trend in market seems to favour adoption of TV using either LED technology.
How would you allocate your resources between individual R and S if you want to satisfy the following approaches?
Revenue at a major cellular telephone manufacturer was $2.3 billion for the nine months ending March 2, up 85 percent over revenues for the same period last year. Management attributed the increase in revenues to a 108 percent increase in shipments, ..
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