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Competition firm, Because industry X is characterized by perfect competition, every firm is earning zero economic profit. If the product price falls, no firm can survive. Do you agree or disagree
Project, Assignment: Research two periods in history, one where the United States experienced an increase in inflation and the other an increase in unemployment. Write a paper discussing the causes a
After surveying their customers, the theater estimates that for every 50 cents that they lower the price, the number of moviegoers will increase by 35 per night. Find the demand function and calcula
The area of arectangularlawn is 30m^2. During landscaping, the length was decreased by 1m and the width increased by 1m, but the area did not change. Find the original dimensions of the lawn.
"Science Knowledge grows on the basis of either human curiosity or human need". Explain this statement with the help of two examples. Answer should not be in more than 250 words.
How much money must the company set aside now in an account that earns interest at a rate of 8% per year, compounded quarterly?
Consider a competitive market with the demand equation: P = 12 - Q and the supply equation is P = Q. What is the market equilibrium price and quantity?
This is about unemployment rates during the depression. If it started at 1.8% then raised to 25.2% what percent would the increase be?
Find the demand function and the revenue function. How large a rebate should the store offer to maximize its revenue?
A baseball team plays in a stadium that holds 55,000 spectators. With ticket prices at $10, the average attendance had been 27,000. When ticket prices were lowered to $8, the average attendance ros
Assuming demand is constant at 15 units per day, and lead time is normally distributed with a mean of 3 days and a standard deviation of 1 day, what is the reorder point necessary to provide a 97% l
What is the total annual cost (Purchase Cost + Ordering Cost + Holding Cost) based upon taking advantage of the proposed discount pricing?
What is the optimal reorder point without instantaneous receipt (material is accepted over time)? How many set-ups per year will be necessary without instantaneous receipt (material is accepted over t
What is the average dollar value of inventory based upon ordering using the EOQ? What is the total annual cost (Purchase Cost + Ordering Cost + Holding Cost) based upon using the EOQ?
What is the average number of units in inventory based upon ordering 250 units each time an order is placed?
Economy, i need the answer of these questions , I need answers till 3 pm on oct 24. please answer to it very fast. my level id in economic 101 which is the basic intro.
Hormone free diary milk, hormone free dairy milk has been found to be potentially more beneficial and healthy. consider the market for this product in south Africa, and answer the questions below e
Draw a product possibilities curve for automobiles and missiles using the data above. If the economy is at point C, what is the cost of one more automobile? One more missile? Expl
Given this information, what would be the short-run profit-maximizing price and quantity a representative firm would choose to charge and produce, respectively? What would be the amount of economic
Discuss China in terms of being the "Middle Kingdom," population growth issues, and industrialization.
The purpose of the awning is to prevent sunlight from entering the house when the angle of elevation of the Sun is more than 65 degrees. Find the length of L of the awning.
Create supply and demand chart in Excel.*Assume price drops by 50% . Reconstruct graph to show changes.* Assume income of consumers increase. Reconstruct graph to show changes.* Assume number of sel
Calculate the point elasticity of demand for a drug when the average income in the community equals 50,000 and price of the drug is 400 demand function is q=40-.8(p)+.02(y)
Note that the investor can place all of his available funds in any one of these options, or he can split his $10,000 into two $5000 investments in any two of these options. The joint probability dis
Write a sentence stating the optimal solution for each of the 4 criteria. The statement should contain the recommended strategy and the value of the payoff. Hint for 42: The optimal EMV solution is