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How much should the price leader produce in order to maximize profits? What price and quantity will now prevail in the market?
The U.S. cigarette industry has negotiated with Congress and government agencies to settle liability claims against it. Under the proposed settlement, cigarette companies will make fixed annual paym
Desired investment of Id=30-200rw. Calculate national saving, investment, and the current account balance in equilibrium when the real world interest rate is?
What characteristics or issues would be pertinent or applicable for implementing this system? Be sure to discuss political, socio-economic, language, currency.
Given full-employment output = $2,800, equilibrium output = $2,500, and MPS = 0.25, which of the following changes would most likely bring the economy to a full-employment level of national output?
Expectations and consumer confidence are important in determining fluctuations in aggregate spending. In your opinion, what is the present status of consumer confidence?
Allied Box offers mail-order storage containers for fine china producers. The company is the low-cost provider of these boxes with fixed cost of $480,000 per year, plus variable cost of $30.00 for e
If the MPC increases, what must happen to the MPS? How is the MPC related to the consumption function? How is the MPS related to the saving function?
The relationship between the output gap and the unemployment rate can be summarized as: when the output gap is negative, the unemployment rate is below the natural rate.
Suppose that marginal utility of good A is 4 times the marginal utility of good b, but the price of good a is only 2 times the price of good b. Is this point consumer equalibrium? If not, what will
Indicate the letter that corresponds to the correct answer, using this list of possible answers (you may use a given letter in more than one question): What is the maximum sustainable yield for this
The average price of red snubble is about $8 per kilo, and the fisher people's revenues for catching red snubble just cover their costs. What is the open access amount of fishing effort supplied?
the stock prices future movement? What is the most money you can make on this position? How far can the stock price move in either direction before you lose money?
Its ATC curve when K= K1 is given by ATC1 = Q2- 4Q + 6. The corresponding curve for K = K2 is ATC2 = Q2 - 8Q + 18. What is this firm's LAC curve?
What is the maximum amount of new loans that this bank can make? Show in column 1 how the bank's balance sheet will appear after the bank has lent this additional amount.
suppose that business in this nation suddenly anticipate higher future profitability from investment they undertake take today.Explain whether or how this could affect the following?
Based on this information, compare the equilibrium price and quantity of consumer loans before and after the Truth in Lending Simplification Act.
In designing its marketing channel, Chairs for Every Occasion has moved from a make-and-sell view of its business, which focused on productive inputs and factory capacity as a starting point for mar
What happens to the foreign firm's marginal cost curve as a result of the lump-sum tariff? Will the lump-sum tariff cause the foreign firm to export more or less of the good?
Why might programmers living in the United States still be opposed to outsourcing? Think about the supply and demand for programmers in the United States. How might outsourcing affect wages?
What will be the long run response of market price and volume to imposition of the $1 per loaf tax? How many bakeries will remain, and what will be output per bakery?
The manufacturer wants to produce 16.5 woozles. What is the cost-minimizing allocation of this production between the two factories?
How did the International Monetary Fund operate? What brought about the end of the Bretton Woods Agreement?
Sketch the demand curve. Does consumer surplus increase as a result of the New Jersey oil discovery? How does consumer surplus after the discovery compare to what would exist if the new Jersey oil w
Explain how the principles of economics affect decison-making, interaction,and the workings of the economy as awhole." I just need a brief summary of about 150 words to answer this question.