Search: economics - monopoly/monopsony

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economics - monopoly/monopsony
just a quick qusetion....if a firm is both a monopoly and a monopsony. How would the profit maximizing wage and lvl of labour in the short run be determined for this firm Use the profit maximizing principals. Regardless of the existing market, a firm will hire until the value ...
Sunday, October 1, 2006 at 11:26pm by kevin

Economics
If the federal government enacts a tax on a monopoly, how would you expect the additional tax to affect the following: 1. Output produced by the monopoly 2. Prices charged by the monopoly 3. Profits of the monopoly
Tuesday, February 14, 2012 at 3:10am by Nicole

Economics - anyone have any thoughts on this?
Definitions are as follows: so I would assume that you can "measure" the power by how much profit each obtain in setting their prices?? "Monopoly power" is the degree of power held by the seller to set the price for s specific good/product/service. "...
Sunday, March 13, 2011 at 8:42pm by Tasha

Managerial Economics
A)Who has more monopoly power---Wal-Mart or the concessionaire who has acquired the franchise to sell beer, hot dogs, colas, candy, etc., at a Washington Redskins football game? Explain. B)Who has more monopsony power---Wal-Mart or teams in the National Football League (NFL) ...
Tuesday, March 8, 2011 at 10:15am by Tasha

economics question!!
Suppose a firm is both a monopoly and a monopsony. How would this firm choose the quantity of labour of labour to employ? what wage would this firm pay? can someone explain this question to me!! im stuck! I gave this question a brief answer earlier. Let me elaborate. Always ...
Wednesday, October 4, 2006 at 8:34am by HELP

Economics - repost - assistance is appreciated
A)Who has more monopoly power---Wal-Mart or the concessionaire who has acquired the franchise to sell beer, hot dogs, colas, candy, etc., at a Washington Redskins football game? Explain. B)Who has more monopsony power---Wal-Mart or teams in the National Football League (NFL) ...
Wednesday, March 9, 2011 at 3:46pm by Tasha

Economics - anyone have any thoughts on this?
A)Who has more monopoly power---Wal-Mart or the concessionaire who has acquired the franchise to sell beer, hot dogs, colas, candy, etc., at a Washington Redskins football game? Explain. B)Who has more monopsony power---Wal-Mart or teams in the National Football League (NFL) ...
Sunday, March 13, 2011 at 8:42pm by Tasha

economics today
Do total profits (A) decrease, (B) increase, or (C) stay the same when new technology reduces average total costs (shifts ATC downward in Figure 26.2 ) in (a) An unregulated natural monopoly? (b) A price-regulated natural monopoly? (c) A profit-regulated natural monopoly?
Tuesday, March 1, 2011 at 1:41pm by Debbie

Econ
If the federal government enacts a tax on a monopoly, how would you expect the additional tax to affect the following: a. Profits of the monopoly b. Output produced by the monopoly c. Prices charged by the monopoly
Saturday, February 16, 2013 at 11:04am by CJ

economics
Because its better, profit-wise, for a firm to be a monopoly and be regulated than to openly compete in an unregulated market. The firm is able to maintain it's monopoly because the regulators keep outside competition from entering by not allowing new cable lines.
Thursday, October 29, 2009 at 6:46pm by economyst

Economics
A monopoly produces widgets at a marginal cost of $8 per unit and zero fixed costs. It faces an inverse demand function given by P = 38 - Q. What are the profits of the monopoly in equilibrium? A. $225 B. $120 C. $345 D. None of the statements associated with this question are...
Friday, February 13, 2009 at 7:03pm by Carol

economics
Governments support these monopolies because they are natural monopolies, i.e. in these markets the efficient market structure is a monopoly. These markets all involve high initial captial outlay and very low marginal costs, and if there was more than one firm in the industry ...
Friday, November 19, 2010 at 7:06pm by Brandon

Economics
If the government wanted to encourage a monopoly to produce the socially efficient quantity, should it use a per-unit tax or a per-unit subsidy? Explain how this tax or subsidy would achieve the socially efficient level or output. Among the various interested parties—the ...
Friday, April 9, 2010 at 12:06pm by Kim

economics
. If the government wanted to encourage a monopoly to produce the socially efficient quantity, should it use a per-unit tax or a per-unit subsidy? Explain how this tax or subsidy would achieve the socially efficient level or output. Among the various interested parties—...
Thursday, April 8, 2010 at 5:42pm by Kim

Economics
A monopolist is in long-run equilibrium and earning economic profits equal $100 million. The government imposes a lump sum tax of $100 million on the monopolist. (A limp sum tax is a tax the monopolist must pay regardless of its level of output) Will this tax: a) cause the ...
Saturday, December 3, 2011 at 9:26pm by Jim

Economics
A firm is a natural monopoly if: a) its average cost curve falls throughout its relevant output range. b) the firm owns an essential natural resource used in making the product. c) the government has granted the firm the right to a monopoly. d)the firm owns patents that ...
Friday, September 7, 2007 at 5:39am by Sarah

economics
what is franchise monopoly?
Wednesday, March 20, 2013 at 10:13am by working hard

Economics
Consider an infinitely repeated Cournot duopoly with discount factor delta <1, unit costs of c>0, and inverse demand functions p(Q)=a-bQ, with a>c and b>0. Find the condition on the discount factor,delta , for which the two firms could successfully ...
Wednesday, May 23, 2012 at 9:29am by Brian

Economics
Assume that there is a perfect competition market for a good X. If one supplier all of a sudden wins the lottery and buys all the other firms that make good X and turns this market into a monopoly. Describe to me the difference in price and total output for good X between the ...
Saturday, June 25, 2011 at 10:50am by Helen

English
Where can I buy MONOPOLY? In RITE AID STORE do they have MONOPOLY? Thank you for using the Jiskha Homework Help Forum. Here is one discount toy store that has different Monopoly games: http://www.discountanimetoys.com/board-games-monopoly-board-games.html "Let your ...
Saturday, December 30, 2006 at 1:38pm by Sheela

economics
Can somone tell me what are the factors that indicate monopoly plsss??? 10x alot :D
Wednesday, March 5, 2008 at 9:51am by ilenia

Economy Today
Do total profits (A) decrease, (B) increase, or (C) stay the same when new technology reduces average total costs (shifts ATC downward in Figure 26.2 ) in (a) An unregulated natural monopoly? (b) A price-regulated natural monopoly? (c) A profit-regulated natural monopoly?
Sunday, January 15, 2012 at 6:39pm by Debbie

economics
Your request is not too clear. Here's a definition of the word "monopsonist" = monopsony the market condition that exists when only one buyer will purchase the products of a number of sellers. — monopsonist, n. — monopsonistic, adj. In any employment, ...
Tuesday, March 31, 2009 at 3:04pm by SraJMcGin

economics
For a true monopoly, there is only one factor. A monopoly is the one and only provider of a particular good or the one and only provider of a particular service. Or are you asking: what are some factors that give rise to a monopoly? In this case, we can indentify several ...
Wednesday, March 5, 2008 at 9:51am by economyst

Economics help
Article dealing with monopoly power, either regulated or illegal attempts at monopolization.
Sunday, November 21, 2010 at 3:23pm by joe

microeconomics - monopoly vs perfect competition
basic contrast between monopoly and imperfect compitetion
Wednesday, November 8, 2006 at 11:30pm by haroon

economics
Why might it be appropriate for the government to allow a pharmaceutical company to have a monopoly in the production of a drug?
Tuesday, July 20, 2010 at 12:00am by Randy

economics help
I need a specific article that deals with monopoly power, either regulated or illegal attempts at monopolization.
Tuesday, November 30, 2010 at 10:03am by tom

Monopoly Firm
Definition of monopoly
Thursday, March 23, 2006 at 4:47pm by sumy

Economics
The market for reteail banking in New Zealand best illustrates: a)monopoly b)duopoly c)oligopoly d)monopolistic competition
Friday, September 7, 2007 at 5:50am by Sarah

Economics
(a) Explain what is meant by the term “natural monopoly”. (b) Construct a diagram showing the average and marginal cost curves, and the demand and marginal revenue curves for a natural monopoly. Use your diagram to explain why profit maximising behaviour by the ...
Saturday, May 21, 2011 at 5:41am by Giska

microeconomics - monopoly vs perfect competition
hi, can sum1 help me? wats difference between monopoly and perfect competition? one is a solely dominated market and the other is a market with many producers 1)The monopolist is the price-maker. But the firm i under aperfect compepetion is the price-taker. 2)Products under ...
Wednesday, November 8, 2006 at 11:30pm by RyaN

Economics
Zatab is an allergy medication made by MIRK Labs [British pharmaceutical] that enjoys a patent monopoly in Europe, Canada, and USA.
Monday, March 10, 2008 at 10:45pm by Jose

economics
You have the following data. A monopolist produces 1000 units of output per month, and sells it at the price of 10 each. You know that the monopolist does not do any price discrimination, and you also know that the price-cost margin of this firm (P-MC)/P is evaluated at 0.2. ...
Thursday, January 13, 2011 at 5:50am by joe

economics
explain why the marginal cost curve is equal to the supply curve for a monopoly
Monday, November 29, 2010 at 7:24pm by SYLVIA

Economics
Among monopoly, oligopoly, Monopolistic competition, and perfect competition, how would you classify the markets for each of the following drinks? a. tap water b. bottled water c. cola d. beer I think it would be... a. Monopoly b. Oliopoly c. monopolistic competition d. ...
Tuesday, December 5, 2006 at 3:48pm by Sammy

Economics
Heres one IM SURE economist will enjoy... Always saying MC = MR :) Please help... I know its something to do with Perfectly competitive firms being price takers! right?? Question: “In both monopoly and perfect competition the profit maximizing output is at the level at ...
Friday, October 27, 2006 at 7:54am by D

Managerial Economics
Take a shot, what do you think? Hint 1: use a monopoly model Hint 2: no, yes
Saturday, September 12, 2009 at 10:36pm by economyst

Economics
For the following characteristic say whether it describes a perfectly competitive firm, a monopolistically competitive firm, monopoly firm, or neither. a. Has marginal revenue less than price. I would think this would be neither. b. Produces at minimum of average total cost in...
Tuesday, December 5, 2006 at 6:54pm by Sally

ECONOMICS
Willy’s widgets, a monopoly, faces the following demand schedule (sales of widgets per month): Price
Sunday, November 26, 2006 at 3:31pm by KEN

economics
Willy’s widgets, a monopoly, faces the following demand schedule (sales of widgets per month): Price
Sunday, November 26, 2006 at 3:30pm by KEN

managerial economics
As a manager, how might your pricing strategy differ if you are operating in a perfectly competitive market versus a monopoly market?
Thursday, December 11, 2008 at 8:09pm by Enjoli

social studies
Well a monopoly is when there is only 1 of a business. It threatens free enterprise because a monopoly can charge whatever it wants cuz it's the only one of its type. P.S. Can someone please answer my algebra question? Thanks!
Wednesday, October 8, 2008 at 3:40pm by Angie

economics
How would one argue that there is no such things as a natural monopoly? What factor are involved? I would make a case that natural monopolies do not exist base on evaluation of the classic examples of "natural monopolies": transportation, telephone, port facilities, ...
Sunday, July 24, 2005 at 6:29pm by Michelle

Economics
Derive the profit level at this profit maximizing levels of p and q (p = 55) and q = 50. Where the demand curve for a monopoly is p=105-q. Its cost function is C= 100+5q?
Monday, November 26, 2012 at 5:02pm by Anthony

Economics
Numerous times is history, the courts have issued consent decrees requiring large companies to break up into smaller competing companies for violating the antitrust laws, The two best known examples are American telephone and telegraph (AT&T) in the 1980s and Microsoft 20...
Wednesday, July 14, 2010 at 12:16am by carrie

economics
Numerous times is history, the courts have issued consent decrees requiring large companies to break up into smaller competing companies for violating the antitrust laws, The two best known examples are American telephone and telegraph (AT&T) in the 1980s and Microsoft 20 ...
Tuesday, July 13, 2010 at 11:51pm by Carol

economics
which is a real life example of a market that is close to perfect competition a.a computer monopoly b.an oil and gas cartel c.farmers market d.public school system.
Wednesday, June 6, 2012 at 7:15pm by pam

Economics
) Numerous times in history, the courts have issued consent decrees requiring large companies to break up into smaller competing companies for violating the antitrust laws. The two best known examples are American Telephone and Telegraph (AT&T) in the 1980s and Microsoft ...
Monday, April 26, 2010 at 7:58am by Kysha

microeconomics - monopoly vs perfect competition
The basic difference between monopoly nd perfect competition is
Wednesday, November 8, 2006 at 11:30pm by Raazia khan

economics
out of the four economic market models : competitive market, monopoly market, monopolistic competition and oligopolywhich is the best market model and which is the worst
Sunday, September 26, 2010 at 8:31pm by chris

Economics
Try some of the following links on "monopoly" products: http://www.google.com/search?q=difference+in+price+of+a+perfect+comopetition+model+%26+the+new+monopoly+structure+model&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:official&client=firefox-a Sra
Saturday, June 25, 2011 at 10:50am by SraJMcGin

economics
Suppose two competitors, Coa, Inc., and Han, Inc., are locked in a bitter pricing struggle in the aluminum industry. In the limit pricing payoff matrix, Coa can choose a given row of outcomes by offering a limit price ("up") or monopoly price ("down"). Han ...
Monday, August 15, 2011 at 11:51pm by Anonymous

economics
out of the four economic market models : competitive market, monopoly market, monopolistic competition and oligopoly in your opinion which is the best market model and which is the worst
Tuesday, September 28, 2010 at 7:35pm by chris

ECONOMICS
Among perfect competition, monopolistic competition, oligopoly, and monopoly, how would you classify the markets for each of the following drinks ? Tap water Bottled water Cola Beer
Tuesday, April 9, 2013 at 9:34pm by RAJA

economics
Your terminology is confusing. Do you mean "private and public goods" (i.e. owned property)or "the private and public good" (i.e well being) ? How do you define a "natural" monopoly as opposed to an unnatural one?
Thursday, February 21, 2008 at 8:29pm by drwls

ECONOMICS
Singer Taylor Swift has a monopoly over a scarce resource: herself. She is the only person who can produce a Taylor Swift concert. Does this fact imply that the government should regulate the prices of her concerts? Why or why not?
Thursday, March 28, 2013 at 10:53pm by RAJA

Microeconomics
If a monopoly is producing at an output where its average total cost of production is minimized and equals $50 per unit and marginal revenue equals $60, is the monopoly producing at the profit-maximizing output level? Explain why or why not.
Tuesday, July 7, 2009 at 4:09pm by Marilyn

Microeconomics - monopoly vs perfect competition
This is a good and fun question that I am still scratching my head oever. We know monopoly's profit maximisation is MC=MR. We also know that perfect competition's profit maximising criteria is such that P=MC. Just what exactly does this mean? I know for one that, the ...
Tuesday, November 7, 2006 at 2:46am by Sir Donsball

managerial economics
Take a shot, what do you think? Hint: What information does the firm in the perfect competitive market need to determine it's profit maximizing price? Compare that to the information needed to determine the optimum price in a monopoly.
Monday, December 8, 2008 at 1:08pm by economyst

Economics
1. Try some of the following links for information: http://search.yahoo.com/search?fr=mcafee&p=explain+%22natural+monopoly%22+in+Economics 2. diagrams: http://search.yahoo.com/search?fr=mcafee&p=how+to+do+a+diagram+with++cost+curves%2C+revenue+curves 3. price: http://...
Saturday, May 21, 2011 at 5:41am by SraJMcGin

Economics
In long-run equilibrium there will be no economic profit in a purely competitive static economy because: A) barriers to entry will prevent profit from arising B) there will be no uncertainty, no innovations, and no monopoly C) there will be no need for professional managers ...
Thursday, April 21, 2011 at 11:26am by Sarah

Economics
In long-run equilibrium there will be no economic profit in a purely competitive static economy because: 1- barriers to entry will prevent profit from arising. 2-there will be no uncertainty, no innovations, and no monopoly. 3- there will be no need for professional managers ...
Tuesday, April 19, 2011 at 4:11pm by mike

managerial economics
"Deciding on which price to charge is more difficult under less than perfectly competitive conditions (i.e., monopoly) than it is under perfectly competitive conditions." Discuss
Monday, December 8, 2008 at 1:08pm by ryan

Economics
A major characteristic of monopolistic competition is that prices will be A. higher than in perfect competition. B. lower than in perfect competition. C. higher than in a true monopoly. D. unrelated to the type of competition.
Monday, April 30, 2012 at 6:58pm by margaret

home economics
Consumers can be hurt by corporations using monopoly-like conditions to maintain high prices. Consumers can be hurt by price-gouging. Consumers can be hurt by inferior goods, especially those produced cheaply in other countries.
Sunday, May 18, 2008 at 7:19pm by Ms. Sue

Economics (Monopoly Pricing)
A monopolist produces a product whose demand price and production costs vary with quality s and quantity q according to P (s; q) = s (1 - q) C (s; q) = s^2 q [s-squared multiplied by q] Calculate the price and quality levels that a monopolist would choose, and the ...
Friday, August 22, 2008 at 1:10am by Nihl

home economics
Unemployment rate is unacceptably high. Is this positive economics, normative economics, or art of economics and why
Saturday, April 26, 2008 at 7:34pm by nathan

economics
Unemployment rate is unacceptably high. Is this positive economics, normative economics, or art of economics and why
Monday, April 28, 2008 at 8:27am by nathan

Microeconomics :o)
"In both monopoly and perfect competition the profit maximising output is at the level at which MR = MC, but only in the latter is the optimum output level such that P = MC" Explain the above statement by comparing the model of perfect competition with that of ...
Sunday, October 29, 2006 at 8:03pm by James

Economics
A policy of average-cost pricing will intially ______ price for a natural monopoly, but as costs increase, price will _______. A. increase; not change B. decrease; increase C. decrease; not change D. increase; decrease
Tuesday, October 2, 2007 at 8:06pm by cymber

economics
How does monopolistic competition differ from pure competition in its basic characteristics? From pure monopoly? Explain fully what product differentiation may involve. Explain how the entry of firms into its industry affects the demand curve facing a monopolistic competitor ...
Thursday, April 8, 2010 at 6:03pm by Erick

Economics (Monopoly Pricing)
A monopolist will produce where marginal cost = marginal revenue. Total revenue is P*Q = s(1-Q)*Q = sQ - sQ^2 Total cost is s^2Q Take the first derivitive (with respect to Q): MR = s - 2sQ MC = s^2 Take it from here, Solve for Q.
Friday, August 22, 2008 at 1:10am by economyst

ECONOMICS
Need examples of topics dealing with 2 Economic Concepts.... Meaning .. Like Gas prices .. deals with supply and demand along with goods and services. Which two economic concepts? Please explain your question. I reposted Another post stating what exactly what i was looking for...
Tuesday, October 3, 2006 at 8:28pm by Mirage

Economics
For the following characteristic say whether it describes a perfectly competitive firm, a monopolistically competitive firm, monopoly firm, or neither. Equates marginal revenue and marginal cost I would think that it would be each one of them since each one uses the Golden ...
Monday, December 4, 2006 at 10:26pm by Sally

economics
47) Suppose the grocery store market in Kansas City is perfectly competitive. Then one store buys all the others and becomes a single-price monopoly. The figure above shows the relevant demand and cost curves. When the market is perfectly competitive, the price of a pound of ...
Friday, April 27, 2012 at 9:58am by lola

economics
Examples: common good -- fish in the river. The fish are available to anybody who wants to go after it. public good -- A park - Something where nobody can be excluded, each person can enjoy as much as he/she wants. private good -- A burger at Wendys. The owner gets full and ...
Thursday, February 21, 2008 at 8:29pm by economyst

economics
Economics is one of the disciplines included in social studies. In addition, many historic events, such as wars, are caused by or governed by economics. Economics is also included in the study of geography, especially resources and their uses for humans.
Wednesday, July 6, 2011 at 4:58pm by Ms. Sue

microeconomics
32. Firm X is a typical firm in a market characterized by the model of monopolistic competition. Suppose that the market is initially in long-run equilibrium, and then there is an increase in demand for services. We can assume that in the long run, the economic profits of ...
Saturday, December 5, 2009 at 3:06pm by habib

Managerial Economics/Math
For B) First, if the firm faces a downward sloping demand curve, then the firm has some monopoly power -- Use the general monopoly model to figure your solutions. While true that you dont know what costs are, you can be certain, at least, that marginal costs are positive. So, ...
Wednesday, October 3, 2007 at 4:13pm by economyst

Economics
How does the market price of a good in a monopoly market compare with the market price of the same good in a perfectly competitive market? A. The price is higher. B. The price is lower. C. The prices cannot be compared. D. The prices are the same.
Wednesday, September 12, 2012 at 2:04pm by margaret

Economics
In a perfect competitive market, industry demand is P = 850 – 2Q, and industry supply is P = 250 + 4Q (supply is the sum of the marginal cost curves of the firms in the industry). Assume that all the firms collude to form a single monopoly firm. There is no change in the ...
Friday, November 20, 2009 at 12:54pm by Special

Economics
Introduction to Economics: Explain why scarcity and choice are basic problems of economics?
Monday, April 9, 2012 at 5:16pm by Anonymous

Economics
Introduction to Economics: Explain why scarcity and choice are basic problems of economics?
Monday, April 9, 2012 at 4:17pm by Anonymous

Managerial Economics
In a perfect competitive market, industry demand is P = 850 – 2Q, and industry supply is P = 250 + 4Q (supply is the sum of the marginal cost curves of the firms in the industry). Assume that all the firms collude to form a single monopoly firm. There is no change in the ...
Tuesday, November 24, 2009 at 9:02am by Dinish

managerial economics
Qd=15.0-0.2P where Qd is annual quantity demanded in millions of units and P is the wholesale price. Incurred cost of $60 million. Production cost is $5/unit. (1) what is wholesale price, (2) production annually, (3) annual profit? Given this is a monopoly with an expiring ...
Wednesday, February 29, 2012 at 11:08pm by Drew

microeconomics
whew. Quite a bit. But since you asked and since you demonstrated that you tried first. 50) I think d, average total cost 51) I agree 52) I think c, price takers 53 to 56) I agree 57) I think b, zero economic profit means zero opportunity cost 58 to 61) I agree 62) I think b. ...
Monday, May 4, 2009 at 4:03pm by economyst

Macroeconomics
What is the primary difference between normative and positive economics? A. Positive economics makes value judgments inappropriate to scientific research. B. Normative economics is more firmly rooted in scientific tradition. C. Governments use normative economics, and ...
Tuesday, June 5, 2007 at 1:57pm by John

Economics
A monopoly produces widgets at a marginal cost of $8 per unit and zero fixed costs. It faces an inverse demand function given by P = 38 - Q. Suppose fixed costs rise to $200. What will happen in the market? A.The firm will decrease its output and lower its price. B. The firm ...
Tuesday, March 20, 2012 at 10:47pm by Steve

economics
charts for micro economics and macro economics
Thursday, December 9, 2010 at 1:54pm by swathi

Economics
3. Suppose the Clean Springs Water Company has a monopoly on bottled water sales. If the price of tap water increases, what is the change in Clean Water’s profit-maximizing levels of output, price, and profit? Explain in words and with a graph. Take a shot. What do you ...
Friday, December 1, 2006 at 12:42am by Sally

the colony of Vancouver Island to 1858
According to this site, the British granted this monopoly to HBC to keep the Americans out of this area. https://docs.google.com/viewer?a=v&q=cache:mOcUomoFDusJ:frankhurtsocialstudies10.wikispaces.com/file/view/Chapter%2B6notetakingsheet%2B2.doc/192277984/Chapter%...
Friday, July 8, 2011 at 7:09pm by Ms. Sue

Managerial Economics
Mirk Labs is a British pharmaceutical company that currently enjoys a patent monopoly in Europe, Canada, and the U.S on Zatab, an allergy medication. The global demand for Zatob is Qd=15.0-0.2P where Qd is annual quantity demanded in millions of units of Zatab, and P is the ...
Wednesday, April 14, 2010 at 1:44am by N/A

Economics
Suppose there are three types of chip consumers in the world with three different inverse demand functions given by Pa=30-1/2P, Pb=40-1/2P, and Pc=50-1/2P. The marginal cost of the monopoly that produces chips is a constant $20. What size packages should the perfectly price ...
Wednesday, November 14, 2007 at 11:29am by ashley

Mathematics
Among 500 freshmen pursuing a business degree at a university, 313 are enrolled in an economics course, 205 are enrolled in a mathematics course, and 153 are enrolled in both an economics and a mathematics course. What is the probability that a freshman selected at random from...
Sunday, February 20, 2011 at 11:12pm by Anonymous

home economics
what is home economics? home economics is and education for better living,and its stufy deals with all aspects of family life.
Monday, September 27, 2010 at 7:20pm by sade

Economics
For the first one, average cost per unit would be 450/1000, 300/800, and 275/500, just dividing the price by the units produced. Apologies that I can't help any further; I haven't taken Economics or Statistics yet and don't know what a lot of those terms mean (...
Sunday, January 27, 2013 at 5:14pm by Moo

spelling
Your subject heading threw us way off. Why did you use "spelling?" What is your definition of economics? What are some characteristics of economics? If you post those answers, we'll be glad to try to help you find examples of economics.
Wednesday, September 17, 2008 at 5:35pm by Ms. Sue

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