Refer to Scenario 12.2. Suppose that the marginal cost falls such that: MC = Q - 10 What is the profit maximizing price?

A) 205.72
B) 240
C) 210
D) all of the above
E) none of the above


C

Economics

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Based on the figure below. Starting from long-run equilibrium at point C, a tax cut that increases aggregate demand from AD to AD1 will lead to a short-run equilibrium at point ________ and eventually to a long-run equilibrium at point ________, if left to self-correcting tendencies. 

A. D; C B. B; C C. B; A D. D; B

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_______________ is defined as the values and systems that guide the conscious decisions made about activities and time use

a. Time management b. Attitudinal change c. Family life management d. Corporal management

Economics

Suppose you are viewing a graph of the total revenue generated from the sale of bananas. On the horizontal axis, the numbers indicate the quantity of bananas. On the vertical axis the numbers indicate total revenue. The slope of the line represents

a. b and e b. marginal revenue c. average variable costs d. total revenue e. price

Economics

A country had a net capital outflow of $1.5 trillion and imports of $0.5 trillion. What was the value of its exports?

Economics