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A firm sells its product in a perfectly competitive market where other firm charges a price of $90 per unit. The firm's total costs areC(Q) = 50 + 10Q + 2Q2. How much output should a firm produce?
Which of these variables are discrete and which are continuous random variables? a) The number of new accounts established by a salesperson in a year. b) The time between customer
it has been argued that economic development of developing countries has been held back by a persistent fall in the terms of trade of developing countries over the long run
WHAT ARE THE TYPES OF PROTECTIONISM IN INTERNATIONAL TRADE
In the long-run framework, budget surpluses: A. should be run on a permanent basis since they boost saving and investment and stimulate economic growth. B. should be run whenever o
Table Summary of results from the ADF test Test Number Oil GDP Interest rate Inflation Unemployment Exc
suppose c=a+by and investmentI is given.assuming mpc=.80 and I=50,find static and dynamic moel question #Minimum 100 words accepted#
Suppose that you decide to leave your current job(with a salary of $60,000) to start your own business in a building (with a market value of $400,000) you already own. You pay $45,
Suppose that a particular large hotel has 790 rooms. Furthermore, suppose that the demand for the hotel's rooms are normally distributed with a mean demand of 733 rooms with a stan
Marginal propensity to SPEND refers to: a. a nation's additional spending on a good per an additional unit of expenditure. b. a nation's additional consumption based on a unit incr
He rapid growth of the national debt alarmed some politicians and created pressure for restricting Congress's unlimited ability to spend. Efforts to Reduce the Deficit, discuss the
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