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Consider an economy with high innovative potential, but where saving is insufficient to fund innovative investments. Use Garrison’s capital-based macroeconomics to explain how more funding to
In the first paragraph describe what is the most important concept that you have learned from this course which best reflects on the attached article.
Your firm sells a perfume. The everyday demand for your perfume estimated by your economists is given by:
Describely precisely what is meant by ‘the identification problem’ in the context of linear simultaneous equation model.
Discuss the price elasticity of demand for the product which the firm produce or service it provides and also describe the cost and market structure in which the firm operates.
The Textile Workers of America is planning to strike for higher wages. Management predicts which if the strike is successful, the cost of labour will rise to $100 per day.
Your task for this assignment is to analyse the current state of the Australian automobile industry and discuss its future prospects. You will also investigate the impact of government policy on thi
Define Balance of trade; balance of invisible transfers; current account balance; capital account balance and balance of payments.
Suppose that milk operates in a perfectly competitive market, use a well labeled demand and supply model to describe how market equilibrium price of milk is being determined.
Describe the stages and various coordination mechanisms included in policy processes.
Draw and label demand curve for a cup of coffee for the consumer (please don’t forget to specify the intercept of demand curve for all of the axes).
Why do marginal and average cost curves take a “U” shape
Describe how one derives the indifference curves from the 3-dimensional utility function. Draw the graph and give explanation. Which principle explains the concave shape of the utility function? Why
Compute the required reserve ratio.
Consider the given two probability distributions for sales
Draw a graph which demonstrates how the increase in the interest rate (above 0.10) will affect the budget constraints of consumer A and consumer B. How does the budget constraint of consumer A compa
You are the manager of a monopolistically competitive firm in short run. The inverse demand for your product is provided by P = 200 – 10Q and your marginal cost is MC = 5 + Q.
Write down the incentive compatibility and participation constraints.
Which strategy offers both Westinghouse and General Electric the best financial outcome
In practice economists use a production possibility curve with two goods to elucidate the concept of opportunity cost.
Examine the factors that determine the price of computers in a free market.
Determine diagrammatically and explain how the market for organic grown eggplants will be affected if the cost of natural fertilizer increases.
How can the budget be improved and revenue estimation be exactly accessed at each level.
Compute the post-tax equilibrium price and quantity.
Assume that the capital can be purchased for $8 per unit and labor costs $6 per unit. Determine the optimal combination of inputs for the firm to employ