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in this module it is demonstrated that sometimes extensive diseconomies of scale say due to high transportation costs
a consumer splits their income equally between two goods if the price of one good increases by 10 and their income
an economys marginal propensity to consume out of disposable income is 075 its marginal and average tax rate is 015 and
use the aggregate expenditure model developed in this chapter to explain the following statementsa coming amid
country w is a small island nation in asia whose native population is growing at 5 a year the main town is situated in
data were collected from a random sample of 220 home sales from a community in 2003estimatedprice 1192 0485bdr
what is the difference between a market structure and a relevant market structure what tools are used to distinguish
distinguish between cardinal utility approach and ordinal utility approach to consumer behaviorexplain the consumers
identify the exclusionary pricing practices and why and when they are prohibited by the competition act what are the
suppose you own a home remodeling company you are currently earning short-run profits the home remodeling industry is
draw a two-country two product trade model in which production in both industries is subject to increasing returns to
a particular item has demand of 3000 units per year the cost of one procurement is rs 100 and the holding cost per unit
the production department for a company requires 7200kg of raw material for manufacturing particular item per year it
bad gums may mean a bad heart researchers discovered that 85 of people who have suffered a heart attack had periodontal
1 present a one-factor ricardian model of two countries a and b trading two goods x and y and discuss the gains of
consider the following scenario the city council has just approved the construction of a water park in your town you
in a simple regression model one x variable only if the t statistic for the slope is 25 what is the value of f state
1 this question has two parts a graphically illustrate the welfare effects of a tariff in the case of a small nation
1 pretend you are a trade economist providing advice to the government of a newly emerging african country present
the price of us-produced long grain rice fell by 40 percent from january 1999 to january 2000 in response to the price
royersford knitting mills ltd sells a line of womens knit underwear the firm now sells about 20000 pairs a year at an
after calculating the sample size needed to estimate a population proportion to within 005 you have been told that the
a solve the following problem graphicallymin c 06x1 x2sub to 10 x1 4 x2 ge205 x1 5 x2 ge202 x1 6 x2 ge12x1 and x2
a monopolists demand curve is given by p 100 - 2qa find his marginal revenue functionb at what price is marginal
if we assume that a given bus market is in competition which charges a flat fare of n1 and if the formula for the total