Suppose that you can sell as much of a product (in integer units) as you like at $43 per unit. Your marginal cost (MC) for producing the qth unit is given by: MC=8q MC=8q This means that each unit costs more to produce than the previous one (e.g., the first unit costs 8*1, the second […]
1.You are given the following information about the amount your company can produce per day given the number of workers it hires.Numbers of WorkersQuantity Produced00112336411519624728831933103411341233a.What is the range of workers where there are increasing returns to scale? Constant returns to scale? Decreasing returns to scale? Negative returns?b.If the company wants to maximize total output, what […]
Economics Development:Poverty and GDPDownload from the World Development Indicators database the following data:• Poverty headcount ratio at $1.25 a day (PPP) (% of population)• GDP per capita, PPP (current international $)For Sub-Saharan Africa, and Uganda, for the years between 1980 and 2010.1. For Sub-Saharan Africa, graph the evolution of the poverty headcount ratio, and GDP […]
“Canadian gas companies shipped 21.4 billion cubic metres to the US last year, up from 20.1 billion in 1983, according to figures released Tuesday by the Canadian Gas Association. But lower prices permitted under new federal regulations instituted last year, reduced the over-all take from $3.94 billion to $3.92 billion.” a) (4 marks) Calculate the […]
What is the duration of a par value bond with a 12% coupon that experiences a price change of $23 when the market yield changes by 50 basis points?
Select an organization with which you are familiar or an organization where you work. Develop a 15- to 20-slide Microsoft® PowerPoint® presentation to be presented to the CEO’s executive committee that addresses how your chosen organization determines what quantity of labor to demand and what events could shift the demand and supply of that labor. VISUALS: An appropriate […]
Hello, was seeing if someone could provide me with the solutions for these problems to use as a study tool for an upcoming final. Thank you! 1) Oligopoly theory assumes strategic behavior on the part of the firms. a) Briefly, in 1-2 sentences, what does this mean? No need to give a numerical example. b) Verbally compare […]
Dear Professor , PLease follow the instructions and proceed if you are able to deliver a 100 % plagiarism free job ( see attached doc for instructions ) Let me know if you have any questions
