dominated by one large firm Tile King; Ajax produces a multi-headed tunnel wall scrubber that is similar to a model produced by Title King to avoid the possibility of price war. The price charged by Title King is $ 20‚000. Ajax has the following short-run cost curve: TC = 800‚000 - 5‚000Q + 100Q^2 a) Compute the marginal cost curve for Ajax answer: Marginal Cost (MC) = dTC/dQ Since the derivative of a constant = 0‚ MC = -5‚000 + 200Q b) Given Ajax pricing strategy‚ what is the marginal
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Definition Of Stability Goodman et al(2003) concluded that the “continuity in the operations and performance of an organization can only be achieved through stability strategy” (p. 92)‚ which is a part of the grand strategy. Thus‚ they are considered a general and comprehensive approach towards achieving the strategic goals of an organization. In their business view‚ “stability strategies require very little if any change in the organization’s product‚ service or market focus. Meanwhile‚ Heng(2006)
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Evaluate three policies that might be used to increase LRAS In order for an increase to occur in LRAS a shift of the curve to the right must arise. For this shift of the LRAS to the right to take place an improvement in the quality of the factors of production or increase in the quantity of the factors of production. I will be evaluating three policies that might be used to increase LRAS through the increase in the quantity of the factors of production. The first policy that I will be evaluating
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Macroeconomics‚ 7e (Abel/Bernanke/Croushore) Chapter 1 Introduction to Macroeconomics 1.1 What Macroeconomics Is About 1) The two major reasons for the tremendous growth in output in the U.S. economy over the last 125 years are A) population growth and low inflation. B) population growth and increased productivity. C) low unemployment and low inflation. D) low inflation and low trade deficits. Answer: B Diff: 1 Topic: Section: 1.1 Question Status: Previous Edition 2) The
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Psychological Perspectives for Health and Social Care P2: Explain different psychological approaches to health practice Psychologists uses a range of perspectives and approaches when studying how individuals think‚ feel and behave. Some researchers may focus on one specific perspective‚ whilst other researchers study a more diverse approach that may incorporate multiple points of views. Each perspective aims to offer explanations for different aspects of human behaviour. The behaviourist approach’s
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April 8‚ 2013 EXPANSIONARY POLICY 2 Expansionary policy is a macroeconomic policy that seeks to expand the money supply to encourage economic growth or combat inflation. One form of expansionary policy is fiscal policy‚ which comes in the form of tax cuts‚ rebates and increased government spending. Expansionary policies
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University of the Cordilleras RISING TUITION AND MISCELLANOUS FEES IN HIGHER EDUCATION In partial fulfillment of the requirements in Macroeconomics By: Achawon‚ Czarina Bantiyaw‚ Jenny Lou Gahid‚ Dariel Morales‚ Jurileen Nacis‚ Nemiah Salvador‚ Chaste Heart Santiago‚ Nikki Tengay‚ Joseph August 2013 CHAPTER I Background of the Problem During the past years tuition fee has been growing. And for this year‚ it was the largest increase having 354 private universities and colleges
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money and it exclusively includes currency in circulation • M1: includes M0 (currency)‚ checkable deposits‚ and traveler’s checks • M2: includes M1‚ savings deposits‚ time deposits‚ and money market mutual fund shares • The monetary base is defined as the total amount of liabilities of the central bank‚ and it includes (1) currency and (2) reserves • Nash equilibrium: if no one accepts money then you won’t either Lecture 2 D = 100 + 80 + 64 + . . . or equivalently
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Reaction Paper # 4 Run‚ Lola Run In this chapter‚ we discussed the cinematography. Cinematography is the part focus more on the tome‚ motion‚ movement‚ angles‚ shots‚ and cinematic point of view. It helps audiences understand a film better by using different fixed-frame movements or different angle shots. Through these ways‚ the director gets to introduce the part he/she wants to emphasis to the viewers‚ and focus on the meaning of the whole film. A two hours film is connected by those motions
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and the level of inflation. Generally‚ this is reflected by the continued rise of prices of the various products. A situation ensues where excess amounts of money tend to be chasing too few goods. In this perspective‚ this study tested on whether monetary policy is an effective tool in the combating of inflation. The data utilized was derived from Kenya’s economic situations over a range of years. The period in perspective was that between the years 2001 and 2010. During this period‚ Kenya faced various
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