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For each of the linear demand function p = -6q + 540 Calculate the price elasticity and write it only as a function of q, Calculate the marginal revenue, Draw demand and marginal revenue together on 1 graph. Show that the expected relationship between elasticity and marginal revenue holds.
彼得·德鲁克的企业家精神的定义。What are specific aspects of the definition that are important to you? Drucker provided four possible sources of change. What are they? Which one do you think is most important?
Suppose the demand for tablets is given Q = 2000 - 10 P. Where Q is the quantity demanded and P is the price of tablets. Plot the demand curve. What is the inverse demand? What is the slope of the inverse demand? Calculate the elasticity of demand wh..
When the ticket price for a concert at the Arias Magnificas Opera House was $50, the average attendance at concerts at that price was 4012 people per concert. Assuming that demand (the average number n of tickets bought) is a linear function of the a..
Explain how the balance of payments interacts with the supply and demand for the domestic currency in the foreign exchange market to maintain balance.
AD-AS Framework: Assume that the economy is currently in short-run equilibrium but is experiencing an inflationary gap. If you are a Classical economist and believe that the economy is self-regulating, graphically illustrate and explain how the econo..
Suppose you make an annual contribution of $100 each year to a college education fund for a niece. She is 4 years old now, and you will start next year and make the last deposit when she is 18. The fund is a money market account earning 6.5%/year. Wh..
Why has strategic management become so important today's corporations and how does strategic management typically evolve in a corporation?
Discuss/justify the following statement: “When a change in a country’s nominal interest rate is caused by a rise in the expected real interest rate, the domestic currency appreciates. When the change is caused by a rise in expected inflation, the cur..
Schaefer Organic Farms purchased a new tractor at a cost of $80,000. Annual operating cash inflows are expected to be $30,000 each year for four years. At the end of the tractor's useful life, the salvage value of the tractor is expected to be $5,000..
Suppose that in a particular country, GDP per capita was $ 10,000 in 1960 and $ 40,000 in 2008. Using the rule of 72 (not a calculator), approximate the annual growth rate of GDP per capita.
Evan gets twice as much marginal utility from an additional bottle of water than from an additional bottle of soda.
if people never withdraw cash from banks, what how much money could the banking system potentially create.
The graph shown demonstrates a tax on sellers. Which of the following can be said about the effect of this tax?
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, natural disaster, rise or fall in oil prices due to OPEC policies, consumer optimism or pessimism abou..
How would each of the following changes affect the demand curve for acupuncture? a. The price of an acupuncture session increases. b. A reduction in back problems occurs as a result of sessions on stretching on a popular television show.
Comput the following with an explanation how you arrived at each result. The Amount Consumers will spend on new consumption.
In each case below, please identify the effect on the market for coal and mention briefly the mechanism yielding to this effect.
What is total cost of saving water. Illustrate what is marginal cost saving 1 meter cubic of water.
In a short run cost function, capital/unit = $30, Labor/worker = $20 and K=10, how to solve for and value of total variable cost? My solution total variable cost does not intersect Total fixed cost and Total cost curves and I do not understand why?
Which of the following bonds is supported by collateral?
An auto company can buy transmissions for $400 from one of several suppliers or it can make the equivalent transmission for $420. However, to assure it sells a quality product it has to do incoming inspection on every transmission and the firm’s cost..
"The ratio of capital accounts to total assists is only one of many factors that indicate the financial condition of a commercial bank." Evaluate this statement
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