Start Discovering Solved Questions and Your Course Assignments
TextBooks Included
Active Tutors
Asked Questions
Answered Questions
decide whether each scenario would lead to upward or downward pressure on the equilibrium price for each good in bold
what are synonyms for increasing returns to scale how did the one of the authors paul krugman relate these to
this year is expected to be a great one for selling walking shoes in georgia at very low prices only the most efficient
name three industries which best fit each of the three non perfectly competitive models monoplolistc competition
you are the manager of a business in a competitive market and your production technology is described by the total cost
you are the manager of the surgery department at a hospital which serves mostly medicare patients the hospital performs
assume the market for a commodity is described by the demand and supply functionsdemand q 30 - 23psupply q 2p -
assume you have an asset which will pay 5000 dollars at the end of each year forever then if the interest rate is 5 per
1 suppose aggregate supply shifts to the left by 2000 at each price level what happens to the economys macro
determine the balance at the end of year 5 if a new account is opened with 500 and periodic payments of 200 are
joe makes monthly deposits of 1000 into an account with an nar of 8 and weekly compounding what will this be worth in 5
carmens preferences are such that she is always indifferent between watching two movies or seeing one basketball game
a consumers bundle includes two normal goods good x and good y according to the income effect an in the price of good
beth and bob salerno are looking at refinancing their home loan of 250000 and have been quoted 375 nar for a 30 year
suppose that seths income increases from 400 to 500 per week causing seth to increase his purchases of movies from 3 to
which assumption about consumer preferences is violated in this scenario randy likes basketball more than football
fishers utility function for trout t and salmon s is given by u st where the mut s and mus t which set of
spreadsheet recommended your county is considering building a public swimming poolanalysts have estimated the present
chers marginal rate of substitution of earrings e for necklaces n is 5 mrsen 5 this information implies thata the
three mutually exclusive projects are being considered for a remote river valley project r a recreational facility has
carrboro has three equal-sized groups of people 1 type a people consistently prefer more police protection to less 2
suppose that demand for a product is q140-6p and supply is q2p-20 furthermore suppose that the marginal external damage
consider a free market with demand equal to q 60-4p and supply equal to q2pa what is the value of consumer surplus
suppose that ben has 90 to spend on two goods movie m and hamburger h the price of a movie is 10 and the price of a
in a keynesian framework using an adas diagram which of the following government policy choices offer a possible