Blog

Which of the following symptoms would indicate the development of neuroleptic malignant syndrome in a patient taking a dopaminergic blocking agent?

Suppose there are four identical firms (n=4) who serve the market for commodity X. Each firm has a constant marginal cost of $20 as shown in Figure 1. What is the Cournot equilibrium price in the market for commodity X?

The most common current indication for the use of barbiturates is which of the following?

Which of the following symptoms would be indicative of a serious problem in a patient who has had general inhalation anesthesia?

The demand for microwaves in a small town is given by P(Q) = 80 – 3Q. Suppose Steve’s Surplus Store is the sole supplier of microwaves in this small town, and this firm has a constant marginal (and average) cost of $8. What is the profit-maximizing output level for Steve’s Surplus Store?

Which of the following should be avoided by patients taking Monoamine Oxidase (MAO) inhibiters?

Suppose a firm has a monopoly over the sale of smartwatches in the U.S. The inverse demand for smartwatches in Florida is given by P1(q1) = 200 – q1, and the inverse demand in New York is given by P2(q2) = 100 – 3q2, where q1 and q2 are the total output of smartwatches sold in Florida and New York, respectively. The demand for smartwatches in each market is observable to the monopolist. The firm has a constant marginal cost of $4 and zero fixed costs. Assume that the firm can charge different prices in each market.  What is the profit-maximizing quantity sold to consumers in the New York market?

A patient has been taking Fluoxetine (Prozac) for depression. He recently has begun to complain of increased side effects from the Fluoxetine.  On further questioning, you discover that he has been taking an over the counter medication, Cimetidine (Tagamet) since he is concerned about developing an ulcer. What is the most probably reason for the increased symptoms from Fluoxetine?

Refer to Figure 1. Suppose a single firm is the sole supplier of commodity X in the market. The monopolist has a constant marginal cost of $20 as shown in Figure 1. What is the producer surplus gained by the monopolist?

Refer to Table 1. If the equilibrium rent for an apartment falls from $60 to $40, how much does the total consumer surplus in this market change?