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nbspsuppose that a firm faces a demand curve that has a constant elasticity of -2 this demand curve is given by q 256p2 suppose also that thefirm
in 2003 the market price for a 3000 square foot home in south tampa florida was 350000 and 358 new homes were built in 2004 the market price for a
compute the opportunity cost in forgone tanks for each additional truck producedtruck output 0 1 2 3
a riskadverse manager is considering two projects the first project involves expanding the market for hotdog the second involves expanding the market
two clothing stores in lowland mall are approached by a supplier with two lines to offer say formal or casual the counter and shelf space of each
elaine as senior partner can make a take-it-or-leave it offer to her junior partner john to undertake a project and split the profits of 10000 she
to firms compete and they are placed in each end of a line with length 1 firm 1 at point 0 and firm 2 at point 1 the consumers transportation cost
suppose in 2010 the cost of a market basket of goods was 2001 in 2012 the cost fo the same amrket basket of goods was 2105 calculate the price index
in the counry of economica the total labor force consists of 10000 workers 400 of these workers are unemployed and this the current unemployment rate
multiplier modelc30005yd t1000 i200 g2000a calculate the equilibrium level of gdp and demonstrate on a multipier model graphb the government
you can invest in a project with returns that depend on the amount of your investment specifically the formula relating next years payoff to your
katie likes sushis and soy milkmher in difference curves are bowed in and towardthe origin and do not intersect the axes the price of sushi is 10 and
the local botanical society wants to ensure that the gardens in the town park are properly cared for the group recently spent 100000 to plant the
the crockett land winery must replace its present grape-pressing equipment the two alternatives are the quik-skwish and the stomp-master the annual
suppose xt 105t and yt 102t calculate the growth rate of zt in each of the following casesa z xyb z xyc z yxd z x12 y12e z xy2f z x-13
assume that a firm acts as a price taker regardless of the demandit sells each unit of its product for 5a assume that the firms marginal cost is
a firm sells its product in a perfectly competitive market where other firms charge a price of 130 per unit the firms total costs are cq 40 10q
a firm has 1100000 in sales a lerner index of 062 and a marginal cost of 55 and competes against 1000 other firms in its relevant marketinstruction
suppose the own price elasticity of market demand for retail gasoline is -08 the rothschild index is 07 and a typical gasoline retailer enjoys sales
assume chan is a perfectly competitive firm which produces baseball bats chanmpany seeks to maximize profits and uses the mrmc rule to find its
susan is considering buying a 2011 smart fortwo costing 21635 and finds that the retaining values of the vehicle over next five years are as
your firm designs training materials for computer training classes and you have just received a request to bid on a contract to produce a complete
an electronic device is available that will reduce this years labor cost by 10000 the equipment is expected to last for 8 yearsif labor costs
swapna david is a customer assistant consultant for acme information systems who provides assistance for computer users the mean number of calls per
greener grass company ggc competes with its main rival better lawns and gardens blg in the supply and installation of in-ground lawn watering systems