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suppose three identical firms are engaged in cournot competition in quantities they all have marginal costs equal to 40market demand is given bypx
questions search through newspapers for one article that is relevant to the economics concepts you are also required to attach the article to your
aggregate supply and demand1 the equation for expenditure gdp is2 sketch a fully labeled aggregate supply and demand diagram for an economy that is
find the equilibrium quantityin a small town only two candy shops operate and they compete with each other in quantity consumers do not differentiate
1 kuhn - tucker conditions max 2x 3y st pxx pyy le m x ge 0 y ge 02 max 8 x8
a explain the meaning of efficiency in economics and use a sketch diagram to illustrate its attainment by reference to the production
calculate athe total revenue bthe average revenue cthe marginal
in the long run a price and output levels are mutually dependent b the level of output depends on the price level c
if the marginal disutility of labor increases the equilibrium real wage increases and the equilibrium quantity of labor goes up true or
why do we still have problem of quotunemploymentquot how could we solve the problem which one is better fixed or flexible exchange rate of
what is money multiplier what is role importance advantages disadvantages limitations and examples of money
suppose that between january 2011 and january 2012 the total number of people employed and the unemployment rate both fell briefly
comparison between neoclassical factor endowment theory of international trade and classical labor cost theory of comparative
question 3 44 marks please note that this question requires substantial research a summary from the text book is not sufficient to score well
consider the following the city council has just approved the construction of a water park in your town you are responsible for studying the impact
the analysis of the speculative demand for money reveals the importance of the level of wealth explain this assertion in
what will happen to the shape of the money demand curve if the checking accounts bear interest will it still slope down if the interest of the
given the market demand curve is pa-bq and mcd derive mathematicaly a perfect compettition b monopoloy c cournot duopoly d cournot tipopoly e cournot
america can produce 100 shirts or 20 computers and china can produce 100 shirts or 10 computers with trade who exports shirts which country benefits
i am writing a research paper for my macroeconomics class and i am having trouble with it i am writing on the topic of the monetary policy and i
a small country produces 5000 units of output and has a money suplly of 2000 if citizens want to hold 10 of their income in money ie k01 what are v
assume that jimmy cash has 2100 in his checking account and uses his checking card to withdraw 210 from his atm machine by what amount did m1 change
consider an economy where individuals live for 2 periods and have prefer- ences represented by lnc lnc where c and c represent
how do you figure out the answer to this question you are a student at a university you pay 8000 per year in tuition 5000 per year in living expenses
assume that jimmy cash has 2000 in his checking account and uses his checking card to withdraw 200 from his atm machine by what amount did m1 change