Suppose abercrombie & fitch sells clothing in a monopolistically competitive loading... market and that a farmer sells oranges in a perfectly competitive market. 1.) use the line drawing tool to draw the type of demand curve likely faced by abercrombie & fitch. label this lineupper d subscript afdaf. 2.) use the line drawing tool to draw the type of demand curve faced by an individual orange farmer. label this line upper d subscript oranges oranges. carefully follow the instructions above, and only draw the required objects.

What is the relationship between marginal external cost, marginal social cost, and marginal private cost? a. marginal social cost equals marginal private cost plus marginal external cost. b. marginal private cost plus marginal social cost equals marginal external cost. c. marginal social cost plus marginal external cost equals marginal private cost. d. marginal external cost equals marginal private cost minus marginal social cost. marginal external cost a. is expressed in dollars, so it is not an opportunity cost b. is an opportunity cost borne by someone other than the producer c. is equal to two times the marginal private cost d. is a convenient economics concept that is not real

Suppose jamal purchases a pair of running shoes online for $60. if his state has a sales tax on clothing of 6 percent, how much is he required to pay in state sales tax?

Parks corporation is considering an investment proposal in which a working capital investment of $10,000 would be required. the investment would provide cash inflows of $2,000 per year for six years. the working capital would be released for use elsewhere when the project is completed. if the company's discount rate is 10%, the investment's net present value is closest to (ignore income taxes) ?