Construct a short-run supply function for an entrepreneur whose short-run cost function is C = 0.04q3 - 0.8q2 + 10q+ 5.

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A: The production function: Q(K1,K2)=K145K245          .... (1) Price of input K1=160 Price of input…

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Q: 5. The cost function for a firm facing perfect competition is C(q)=1000+25q-0.5q^2+0.01q^3 Sketch…

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Q: 6

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Q: Consider a perfectly competitive market that was in a long-run equilibrium when a permanent increase…

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Q: SMC(4) = SAC(4) : %| AVC(4) = AFC(4) =

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Q: Between Monopolistic competition and Oligopoly, which do you think is better in an economy? Why?

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Q: 1. Differentiate economic growth and economic development? Economic growth Economic development

A: Note:  We’ll answer the first question since the exact one wasn’t specified. Please submit a new…

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Q: tAssume that the demand and supply functions for coconuts are given by the following equations:…

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Q: A population with an excess of births over deaths will experience __________.

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A: "Since you have asked multiple questions, we will solve first question for you .. If you want any…

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