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consider that an entrants ability to enter a market is fought with the possibility of withdrawing from the industry at a loss of 1 for the entrant
suppose that a closed economy with no government has the following consumption-income scheduleincome in million consumption expenditure in million
find an article from the media internet newspapers magazines etc on a current event that addresses an economic concept eg consumption saving
tish discovered that her garage actually sits over the property line and is two feet onto the property of her neighbor she has owned the home for 25
1 using your understanding of tax incidence explain why some states do not charge sales tax for basic foods2 explain how the elasticity of demand
suppose that the marginal utility of good a is 4 times the marginal utility of good b but the price of good a is only 2 times the price of good bwhat
1 explain why the aggregate supply curve becomes increasingly steeply sloped at levels of rgdp near full employment and becomes especially steeply
is the gdp measure underestimating or overestimating national production and total income in the economy why what are the impacts of the shortcomings
1 the economic function of profits and losses is toa bring about a more equal distribution of incomeb signal that resources should be reallocatedc
a factory benefits from discharging effluent q into a lake the marginal benefit function is given by 60-2q the pollution causes damages to two nearby
martha stewart living omnimedia and hain celestial group have hired you to develop a marketing plan for the purpose of expanding the distribution of
in a country with a market economy the owners of firms businesses are to use gwartney et als term residual claimants what are the implications of
suppose we have a random sample with 8 observations x1-2 x2x3-1 x4x5x60 x73 x88 then density function of x is given bypx05e-x-mufind the maximum
what factors affect the fuel efficiency of a carto what extent would increased government involvement with regard to fuel efficiency affect the
an individual has to choose between investment a and investment b the individual estimates that income and probability of the income from each
an individual is considering two investment projects project a will return a zero profit if condition are poor a profit of 4 if conditions are good
a major employer has just added health insurance coverage for its employees consequently 5000 of your patients will pay a 30 copayment rather than
an investor has two investment opportunities each involving an outlay of 10000 the present value of possible outcomes and their respective
using the quantity theory of money answer the following questionsa if the money supply increases show the three different simple single variable
nbsp1 if there are 150 million people in the labor force and 10 million of them do not have jobs but have looked for work in the last month what is
you estimate that the price elasticity of demand for clinic visits is -025 you anticipate that a major insurer will increase the copayment from 20 to
the values below are in billions of dollarsc 800i 100g200im 150ex100a what is outputb if taxes t are 100 billion what is private savingsc now assume
chemco corporation is a chemical company the research and development manager is trying to decide whether or not to develop a new solvent that would