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consider a market characterized by the following inverse demand and supply functions px 10 - 2qx and px 2 2qx
id rather have a 1 pay cut when prices fall by 3 than a 5 pay increase when the rate of inflation is 8 this is an
a monopoly firm faces a demand curve given by the following equation p 500 minus 10q where q equals quantity sold per
what is the value of a preferred stock that pays a perpetual dividend of 100 at the end of each year when the interest
why is the continuing income inequality in the us a problem for the economy does it matter that so many people own such
letrsquos say the current administration decides to make a college education more affordable so they establish a price
sage has 80 to spend this month on cds andor dvds a cd costs 10 and a dvd costs 20a draw sagersquos budget constraint
what is your opinion of this economics course did it meet your expectations what suggestions can you offer for
suppose an industry consists of 2 firms that compete by choosing quantities simultaneously in each period t 1 2 3 in
1 according harvard business professor michael porter which of the following is not a viable strategy to achieve
money creation and open market operationsa briefly explain in words how the ldquomoney multiplierrdquo is supposed to
money definitions to answer the following questions refer to the money definitions and relationships 1 total currency
one of the most debated areas in economics is balancing the budget the major contention is on the timing of the
consumer and investor optimism and pessimism matter a great deal in the economy suppose that survey measures of
if you were macroeconomic policymaker how do you balance the short-run trade off between inflation rate and
what is the difference between contractionary and expansionary monetary policy what is the difference between
in its rivalry with westinghouse general electric instituted a price protection plan this plan stated that if ge
the city council of a small college town decides to regulate rents in order to reduce student living expenses suppose
suppose that consumption expenditures investment expenditures and government purchases are 75 billion 25 billion and 20
discuss the summary below and include your thoughts opinions questions observations disagreements etc relating to the
at dulles airport only taxis and privately owned cars are allowed to use the highway between downtown and the airport
in the short run a firm cannot vary its capital k 2 but can vary its labor l it produces output q explain why the firm
assume haileys utility function is u x2 y the price of x is 8 per unit and the price of y is 2 per unit her income is
suppose the government were to provide a 2 per hour subsidy for families who purchases child care regardless of work or
consider the following goods and services which are the most likely to be produced in a perfectly competitive industry