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ECON1101 :high school econimic

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ECON1101 Microeconomics 1 ...

Answers: Introduction The content of this paper is about the economics of child care provision in Australia. The content analyses an economic case study as posted on the ABC news website where the ...

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ECON1101 Economics ...

Task: Questions. Choose ONE of the following topics:   1. TV Streaming Services (Netflix, Stan, Disney+ etc.) and further Education (TAFE and University courses/enrolment)a. Choose ONE of the ...

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D

ECON1101 Microeconomics ...

Task Pharmaceutical patents threaten India’s generic drug industry (ABC)  Summary (September, 2017)  Pfizer was granted a patent to exclusive sell a pneumonia vaccine in India unt ...

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D

ECON1101 Microeconomics ...

Task: Questions:   Assume that a firm has variable cost given by V C(Q) = Q2. In addition to variable costs assume that there are fixed costs of operation F C = 36 of which sunk fixed cost S ...

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ECON1101 Microeconomics

Task Pharmaceutical patents threaten India’s generic drug industry (ABC)  Summary (September, 2017)  Pfizer was granted a patent to exclusive sell a pneumonia vaccine in India until 2026. Until 2005, India did not grant any patents on medicines, encouraging a large generic drug manufacturing industry. Drugs from India have historically reduced costs of certain AIDS treatments ...

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ECON1101 Microeconomics

Task: Questions:   Assume that a firm has variable cost given by V C(Q) = Q2. In addition to variable costs assume that there are fixed costs of operation F C = 36 of which sunk fixed cost SF C = 11.(1) What are marginal cost, average total cost and average non-sunk cost functions. (2) Illustrate the marginal and average costs on a graph. (3) Obtain the supply function of the firm. (4 ...

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