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States with capital punishment have higher murder rates than states without capital punishment. Based on this finding, can you conclude that the threat of capital punishment is not a general deterrent for homicide? Why or why not?
Business Economics, Economics
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Assume that a perfectly competitive firm has the following revenue and cost functions: TC= 5625 +5Q + 0.01Q^2 AVC=5 + 0.01Q MC=5 + 0.02Q TR=20Q A) What is the level of output that maximizes profits, if any? Compute profi ...
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