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suppose that the demand and total cost function of a monoplist are P=24-3Q and C=Q²+8Q respectively, finde the optimum quality ,price and profit on these levels.
If a certain number x is subtracted from 8, it will be equal to two less than four times the same number. The correct equation for the above sentence is: [1] x − 8 = 4x − 2 [2] 8 − x = 4 − 2x [3] 8 − x = 4x − 2 [4] x − 8 = 2x − 4
Combine Harvestor Company, one of the main large scale farm machinery in the world, has hired you as an expert to advise them on the pricing policy for their Combine harvesters. One of the things the company would like to know is how much a 10 percent increase in price is likely to reduce their sales. What would you need to know to help the company with this problem? Explain why the facts are important.
- The elasticity of demand for home computers is -2.5, the elasticity of demand for business computers is -.90, and the elasticity of supply for computers for both purposes is 1.
- A per-unit tax of $200 is imposed on the suppliers of computers. How much does the gross price increase in each market? [Hint: first find the tax incidence/shares.]
What is the economic rationale of 'Minimum Support Price' in Indian agriculture? Explain in not more than 400 words.
On 1.1/20X0, you are hired as a manager for a company with a resource of 1 billion Vietnam Dong in cash (500 million from owner’s money and 500 millionfrom creditor). In January:
Company purchase goods which cost 300 million in cash and then re-sell with 400 million(received cash)
Borrow 200 million cash from bank and purchase a machine which)costs 300 million (paid by cash)
Record the above transactions in terms of changes in the elements of the accounting equation.
Consider the most appropriate policy for tackling each of the different types of unemployment.
Why are clothes with designer labels more expensive than own brand clothes from a chain store even though they may cost a similar amount to produce?
Explain the role of asymmetric information in financial markets.
Dec1, 2020 Jimmy, the business owner input cash $ 7,000 and $2000 computer into the business
