11/04/23
what is the monopolists marginal revenue and chosen qunatity to sell
A monopolist faces a cost function equal to C(Q) = 6Qand a demand function of QD(P) = 200 - P/3what is the monopolist's marginal revenue function?what is the monopolist's chosen quantity to sell?
12/03/22
cross-price elasticity
Last month, sellers of good Y took in $100 in total revenue on sales of 50 units of good Y. This month sellers of good Y raised their price and took in $120 in total revenue on sales of...
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12/03/22
evaluation of an investment opportunity
Your friend offered you an investment opportunity: with an initial investment of $1000 today, you will receive $500 at the end of each of the next 3 years. Otherwise, you could earn 10%...
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Find the annual simple interest rate of a loan, where $100 is borrowed and where $105 is repaid at the end of 14 months.
Find the annual simple interest rate of a loan, where $100 is borrowed and where $105 is repaid at the end of 14 months.Annual simple interest rate = ______
Find the length of the loan in months, if $600 is borrowed with an annual simple interest rate of 9% and with $681 repaid at the end of the loan.
Find the length of the loan in months, if $600 is borrowed with an annual simple interest rate of 9% and with $681 repaid at the end of the loan.Length of the loan = _____________ months.
10/26/22
Marion collected Social Security payments of $500 per month in 2000. If the price index rose from 105 to 120 between 1990 and 2000, then her Social Security payments for 1990 should had been around
Marion collected Social Security payments of $500 per month in 2000. If the price index rose from 105 to 120 between 1990 and 2000, then her Social Security payments for 1990 should had been around...
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09/14/22
In the Keynesian-cross model, if the MPC equals 0.75, then a $3 billion decrease in taxes increases planned expenditures by ______ and increases the equilibrium level of income by ______.
Select one:A.$3 billion; $3 billionB.$2.25 billion; $2.25 billionC.$3 billion; $9 billionD.$2.25 billion; $9 billion
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