He demand a monopoly faces is given by. p 100 — q ail z where q is the quantity of output and a is the quantity of advertising. suppose the cost of advertising and output is given by: c(q, a)=ioq + a. (a) (2 points) write the firm's profit function (b) (4 points). derive profit-maximizing conditions that can be used to determine maximizing quantity, price, and level of advertising (do not solve the profit maximizing quantity, price, and level of advertising, just write down the functions)
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Business, 23.06.2019 00:00
Both a demand curve and a demand schedule show how a. prices affect consumer demand. b. consumer demand affects income. c. prices affect complementary goods. d. consumer demand affects substitute goods.
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Business, 23.06.2019 02:30
Interview notes mike is 50 and made $36,000 in wages in 2017. he is single and pays all the cost of keeping up his home. mike's daughter, brittany, lived with mike all year. brittany's son, hayden, was born in november 2017. hayden lived in mike's home since birth. brittany is 25, single, and had $1,500 in wages in 2017. she is not disabled. mike provides more than half of the support for both brittany and hayden. mike, brittany, and hayden are all u.s. citizens with valid social security numbers. 4. who can mike claim as a qualifying child(ren) for the earned income credit?
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Business, 23.06.2019 06:50
It is most important to account for factors like warranties and durability when purchasing durable goods or very expensive items
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Business, 23.06.2019 11:00
Match each event to its effect on the equilibrium interest rate and the amount of investment in the loanable funds market. higher interest rate, greater investment higher interest rate, less investment lower interest rate, less investment lower interest rate, greater investment immediate consumer gratification is no longer preferred by people. an efficient new source of energy effectively increases the return on owning a factory. a wave of retirees stops working and begins drawing on retirement savings.
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He demand a monopoly faces is given by. p 100 — q ail z where q is the quantity of output and a is t...
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