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the supply of paper is described by the following equation qs 5000 p where qs is tons supplied per year and p is price per ton demand is qd
a malibu boat will cost 32500 when purchased gasoline and maintenance will approximately cost 25hour and equipment rental will cost 10hour the boat
some have argued that higher cigarette prices do not deter smoking while there are many arguments both for and against this view some find the
in a recent speech the governor of your state announced one of the biggest causes of juvenile delinquency in this state is the high unemployment
you are considering buying a new car with a part of your student loan dollars as you really do not need the extra cash now you have two alternatives
what is your price elasticity of demand for gasoline and why how important is fuel efficiency to you particularly if you have purchased a car in the
the classical economists held that the rate of interest would equate planned investment and planned saving so that all saving would eventually be
michael illitch bought the detroit tigers in 1992 for 82 million which amounted to 11415 million in 2005 dollars by 2005 the tigers were worth 292
under current law most social security recipients do not pay federal or state income taxes on their social security benefits suppose the government
suppose that glitter gulch a gold mining firm increased its sales revenues on newly mined gold from 10 million to 20 million between one year and the
suppose a person defects from cuba a country that generally disregards the use of markets to the united states and asks to see a market in action
i need an outline for the follwing topic this is for my microeconomics class applying cost benefit analysis collect information regarding global
in 2006 congress estimated that the cost of the iraq war was approximately 100 billion a year since the us govt was running a budget deficit at the
1 according to the economic way of thinking why does cheaper used textbooks raise enrollment at csulba cheaper used textbooks lowers the marginal
would these be true or false and why -a consumer with positive marginal utility for each good will always choose a bundle on her budget line -if
this table shows the short run production function for a competitive firm whos output sells for 20 a unitl q0 01 22 63 94 115 12consider a firm with
abby consumes only apples in year 1 red apples cost 1 each green apples cost 2 each and abby buys only 10 red apples in year 2 red apples cost 2
a describe a situation where prices have been held out of equilibrium due to government intervention in the market-the obvious ones discussed in the
how much can wells fargo lend to developer who will repay the loan by selling first 6 view lots out of 13 lots at 190000 each 2 year from now assume
what is the current unemployment rate hint the update on the unemployment rate is usually released the first friday of each month do you think this
given that the annual average growth rate of potential gdp is 648 suppose the economy grows 05year faster than at the growth rate of potential gdp
in order to maximize profits monopolies produce where marginal revenue marginal cost lt market price contrast this to the profit maximization
chrissy purchases food f and other goods y and has the utility function ufy-fy with mufy and muyf her income is 12 the price of a unit of food is 2
kick flip inc is a specialty skateboard manufacturer the company is experiencing demand that greatly exceeds capacity for these specialty boards the
texas instrument once announced a price for random-access memories that wouldnt be available until two tears after the announcement few days later