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Given following information, answer following questions: TR = $3Q TC = $1500 + $2Q. Find break-even level of output? Find the net present value of each investment?
Determine the total production for larger economy. In which economy is marginal product of labor larger?
Assume that the following equations describe the economy. Determine is the equilibrium levels of real output.
Consider following model of economy. Find the value of the MPC in this model? Calculate the equilibrium level of income.
Suppose that there is initially no government intervention in market for electricity. Determine total surplus in market for electricity.
Determine consumer surplus, the producer surplus of nuclear sector, producer surplus of renewable sector, and total surplus.
Assume that entry or exit occurs in monopolistic industry and establishes a long-run equilibrium. If firm's daily output remains at 52 units, find what price will it be able to charge? Find its eco
Compute total cost and the average total cost, and add it to table. Where is optimal level of production and optimal level of prices in short run?
Two firms compete in emerging market for energy drinks/cold medicine hybrids which feature caffine. Find the best response function of firm 1 (as a function of q2)?
Deduce profit maximizing number of seats to give on this route. How many seats do competitors provide at this equilibrium quantity and price?
Given that there are 5 identical countries, each with a TC(q) = 10q, deduce aggregate profit maximizing quantity for the cartel.
Management evaluates that 1% is sales percentage to use. What adjusting entry will Hahn Company make to record bad debts expense?
Explain other ways, beyond looking at p-value alone, you could use to try to interpret what outcome ofr(2398) = -.21 tells us about relationship between length of time taking drug X and size of tumor
What can you rightfully conclude from this? Why? Be specific about what this type of information may point to and mean.
Give one set of clear and concise written instructions for division senior teams to assist them in how to collect information and transfer it to suitable forms.
Determine the Price Elasticity from the Characteristics and make up numbers to use. Be sure to identify this if you use this approach. This will help you in deciding the slope of your Supply curve.
He sells 50 cups a day. What can you say about Mike's short-run decision regarding shut-down and long-run decision regarding exit?
Explain market equilibrium under monopolistic competition. why does price charged by typical firm exceed minimum average cost, even though other firms may enter market?
Assume price of labor is $10 per unit and price of capital is $1 per unit. Find cost-minimizing combination of labor and capital if manufacturer wants to produce 121,000 airframes.
Find out output elasticities for k and l; and illustrate that their sum equals 1. Prove that q/l = (q/l) and hence that ln(q/l) = ln(q/l).
Draw demand curve and marginal revenue curve. If firm's marginal cost is $75, find the equilibrium monopoly price?
Compute the profit - maximizing price for this seller. Compute how this tax will affect price the monopolist charges its customers.
If interest rate is = 0.1, and if Gaby's ability is ! = 75 (meaning that 75% of population has lower ability than her), use equation to find Gaby's optimal number of years of schooling.
Explain what would be likely outcomes in economy. Use suitable tools of analysis, like aggregate demand and aggregate supply where suiatble, to justify and describe your answer.