Give a hypotheticalreal world example of the mrmc principle
Give a hypothetical/real world example of the MR=MC principle (Profit maximizing point). Explain what elements in example represents decreasing marginal revenue/benefit and what element represents increasing marginal cost.
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You buy a government bond that pays interset twice a year. The interset payment is $300 each six months. The bond matures in six years. The face value of the bond is $10,000. The annual market interset rate is 6 percent.
Describe the relationship between unemployment and real and nominal wages. Which is more important and why What effects would either an increase or decrease in unemployment have on wages
A person is drinking water from a plastic bottle. When the water level is 6cm from the top of the bottle, the person blows across the top producing a sound
Suppose that one year has elapsed, you have received the first payment of $600, and the market interset rate is still 5 percent. How much would another investor be willing to pay for your security?
You counter the publisher's offer with a counter-offer that will pay you $1.5 million today plus $5 per book sold in each of the next three years.
Two waves have the exact same frequency, wavelength, and amplitude. They are both travelling in the +x direction, What is the phase difference between the two waves.
Give an example of an event or incident that has taken place in the U.S. economy which has a major economic impact--be specific, e.g., 9/11 attack,
The cost function per t-shirt is identified to be the following: y=ln(X+1). Fixed costs associated are a step function based on area needed. For each 1000 shirts, the cost associated with storage space is $1000 .
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