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1nbspsuppose the demand for a product is given by qdnbsp 50 - 12pa calculate the price elasticity of demand when the
it has been said that the concept of opportunity cost is central to economics and economic thinking understanding
using the fisher effect please explain how a rise in interest rates may result in an increase in the quantity of bonds
1 knowing that v v0 - c r sr describes the decision to cut wood now versus next year if v0 1000 v1 1250 c 500 r
if a company has a building that has already been paid for them aside from property taxes utilities and maintenance it
a producer of a good can expect to increase total revenue by increasing the price of the good produced and sold examine
theres a play - they pay 150000 in a year for propsactors and marginal cost is 0 two types of people coming to the play
1 assume that carl and wanda each make 40000 each was given a raise of 4000 carls spending increased from 40000 to
a loud band plays a concert late at night in a neighbourhood park the noise produced by the band that keeps the
a truck can be purchased today for 35000 tac company needs to purchase a truck in 2 years if the price of the truck
suppose the consumption function isnbspcnbsp 500 billion 08ynbspand the government wants to stimulate the economy by
charlies utility function is ux y xy2 his marginal rate of substitution between x and y does not change if the amount
what is the purpose of a firm as a manager to what extent should i care about how much my actions are contributing to
1 suppose that a b and c are the only people interested in an antique table being auctioned by a second-price
consider a consumer with preferences represented by a utility function uix1x2 x1 x2 facing prices p p1 p2 - 0 and
the price of coffee rose sharply last month while the quantity sold remained the same five of thenbspbig bang
go to the websites of wwwnewseumorg and wwwworldpressorg what did you find how could those resources be used in a
what are the effects of implementing quotas on importing product and what is the trends of the past 35
think of the business you are currently in or even dream about the business you would like to start identifydiscuss the
would people be better off if voting was more widely used to determine what goods should be produced and consumed why
suppose the price of a movie ticket is 15 the local government decides this is prohibitive for people to see films and
you have hired a student intern to calculate some elasticity measures so that you can present the findings at a
your author claims that the us economy can increase its real output grow by1 increasing its inputs of resources and 2
if the federal reserves actions result in extremely low nominal rates how would this impact the demand for bonds what
what is the special interest effect what does it imply about the efficiency of how goods and services will be allocated