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If he increases output to 220 earmuffs, his total cost increases to $2,100, and his fixed cost remains $400.00 What is Ernie's marginal cost per earmuff?
Are there any pure-strategy Nash equilibria? If so, list them. If not, explain why not. Suppose that v = 3, nd one mixed strategy equilibrium where each player randomizes among (0,1,2).
Explain how it will affect the number of employees you schedule? All other things being equal, what will happen to prices of the Galaxy and the iPhone? Why?
Determine the number of machines that will allow Missing Link to maximize its profit. Suppose that Missing Link must pay a tax equal to 40% of its gross revenue. What is the optimal number of machin
Where m is income and p1 and p2 are prices. Let the horizontal axis resresent the quantity of good 1. Let p1=1 and p2=2. Then for m>2, what is the income offer curve?
What factors are important in determining the length of the imitation lag and the length of the demand lag? Explain.
The capital gains tax rate for the company is 18% in 2012 and this furnace is classified with a 10 year class life and is depreciated using the straight line schedule since this is foreign equipment
What is the net cash flow after tax that will result from selling this machine in the year 2014? The capital gains tax rate is 18% in 2014.
Currently, the marginal product of labor is 18 pencils and the marginal product of capital is 36 pencils. To minimize the cost of producing this level of output the firm should use?
Provide an appropriately labeled boxplot of the data below and use a randomization test to examine whether the null hypothesis holds.
What should the WTO do, right now, to avoid having developed economies regress to a Smoot-Hawley type of isolationism/protectionism to avoid job losses in import-competing sectors?
Based on your analysis, and your understanding of the usefulness and limitations of these benefit analyses, do you conclude that protecting the plover is efficient?
Calculate the number of people in the labor force for each country. Calculate the labor force participation rate for each country, and put the figures in the blanks provided.
when P= 150 euros and Y= 15(000) euros , determine the following: price elasticity of demand and income elasticity of demand.
Does ACRE provide an effective safety net? What is the effectiveness of the safety net if production costs are now 50 percent higher than the loan rates?
Analyze the impact of eliminating these technologies. Use a graph in your answer. What might offset those impacts?
Even if no crop is grown. Do you think elimination of the direct payment would also affect the variability, or risk, in farmland values? Why?
Analyze using graphs and explain the impacts of this on a crop like corn (or wheat). What would a farmer require in the next CRP registration period to keep his land in the CRP program.
Compare the effects of this difference in farm bill proposals on the level of revenue safety for farmers, advantages, and disadvantages of each.
The new farm bilis very different from the current farm program. Analyze the effect of the new farm bill proposals on price and income risk compared to the current farm program.
Analyze, using graphs, and discuss the impact on domestic and world prices, consumers and producers the effects of the Russian government's decision.
If Mario receives 12 monthly payments of $1000 the first year, how much taxable income must he report on his tax return?
Collect the PPP (purchasing power parity) adjusted GDP per capita. Use the Big Mac Index (just make an internet search for this) to adjust your nominal incomes.
The exchange rates changes to 1.45Euro/US$ at the end of the year. Identify and discuss which deposit will give her a higher return, and by how much (measured in U.S. dollars).
At the end of 2013, Balnur could have sold her computer for $500. Calculate Balnur's opportunity cost of production and economic profit in 2013.