theory of revenue, Microeconomics

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Theory of revenue

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Supply/demand/cost curves, given short run total cost curve :10q^2+4q=100 a...

given short run total cost curve :10q^2+4q=100 and short run marginal cost MC=20q+4 and market demand Q=100-p what''s the equation of the short run supply curve?

Find the elasticity of demand for a quantity, The demand curve for gasoline...

The demand curve for gasoline is P = 200 - 10Q. a.  Find the elasticity of demand for a quantity of 8. Does this number imply that quantity demanded is sensitive to price change

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How to calculate: fixed cost is $1,000,000 tvc $4,400,000, avc is $22, atc $27, worker productivity is 4. How do I calculate the profit or loss?

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Income and Substitution Effects A fall in price of a good has the two effects: Substitution & Income -Substitution Effect Consumers will tend to buy more of the good

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Uses of price and income elasticity of demand: The concept of price elasticity of demand has some uses whihc include the following: (i) Pricing of goods and services It is

ECO 365, calculate demand function is Q=100-P, where Q is quantity demand a...

calculate demand function is Q=100-P, where Q is quantity demand and P is price

Money and banking., excess reserve make a bank less vulnerable to runs.why

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