Business, 04.08.2021 18:20 krystalScott17
When a country that imports a particular good imposes an import quota on that good, a. consumer surplus increases and total surplus increases in the market for that good. b. consumer surplus decreases and total surplus increases in the market for that good. c. consumer surplus decreases and total surplus decreases in the market for that good. d. consumer surplus increases and total surplus decreases in the market for that good.
Answers: 2
Business, 22.06.2019 22:50
Amonopolist’s inverse demand function is p = 150 – 3q. the company produces output at two facilities; the marginal cost of producing at facility 1 is mc1(q1) = 6q1, and the marginal cost of producing at facility 2 is mc2(q2) = 2q2.a. provide the equation for the monopolist’s marginal revenue function. (hint: recall that q1 + q2 = q.)mr(q) = 150 - 6 q1 - 3 q2b. determine the profit-maximizing level of output for each facility.output for facility 1: output for facility 2: c. determine the profit-maximizing price.$
Answers: 3
Business, 22.06.2019 22:50
What is the difference between the contractual interest rate and the market interest rate?
Answers: 1
Business, 23.06.2019 00:00
According to the video, the gross national product had declined from $104 billion in 1929 to about in 1933.
Answers: 2
When a country that imports a particular good imposes an import quota on that good, a. consumer surp...
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