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assume an economy is closed according to classical economic theory explain what will be the long run effects of an
a construction firm needs a new small loader it can be leased from the dealer for 3 years for 5500 per year including
define the following concepts and describe their relationship to one anothera relationship marketingb target customersc
monopolistic competitition differs from perfect competition primary because in monopolistic competition a firms can
alex has a utility function u3 sqrtxy the price of good x is 1 the price of good y is 2 and her income is 100 her
few years back hp launched four new computer models aimed at the chinese and indian consumer markets to create loyal
consider a perfectly competitive profit-max firm that sells its output for 10 each and produces and sells 925 units its
in the short run a firm in monopolistic competition a faces a demand curve that must lie above the average total cost
a monopoly is producing a level of output such that marginal revenue is equal to marginal cost the firm is selling its
suppose the demand function for a profit maximizing monopolists good is p 160 - 05q its total cost function is tc 20
if the federal reserve sold bonds what two policies would help move the economy in a similar directiona raising the
harper is spending a three-day weekend at a beach property upon arrival harper bought a quart of ice cream and must
at 3 unemployment which is likely to happen the federal reserve shoulda sell bonds increasing the price of bonds and
the long run natural rate of unemployment is 5 the current rate of unemployment is 3 what do we expect to happen if no
a assume mortgage payments of 1000 per month for 30 years and an interest rate of 05 per month what initial principal
john can afford to spend 500 per month on a car he figures he needs half of it for gas parking and insurance he has
many people display something like hyperbolic discounting some businesses thrive on supporting this sort of short-term
andyrsquos online poker room is a profit-maximizing firm in a competitive marketa draw a graph of andyrsquos firm next
political economists suggest that discrimination can be eliminated or reduced bya banning corporationsb eliminationg
preventive maintenance and services of a mining machine costs 8000 per year if the machine will be repaired every year
if speculators gained greater confidence in foreign economies so that they wanted to buy more assets of foreign
financial crisis suppose that banks are less able to raise funds and so lend less consequently because people and
consider the scenario in which the fed is implementing a contractionary monetary policy aimed at alleviating
you have just spent several hundred thousand dollars on a research assignment researching a project that your president
a person starts her own business after quitting her job in which she made 75000 a year expenses include 100000 for