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quiz 4-1 suppose the loanable funds market is initially in equilibrium holding everything else constant if the
quiz 3-1 maurice purchased 100 shares of ibm stock in 2014 with each share costing 120 he used the services of lola a
stephen runs a pet salon he is currently grooming 125 dogs per week if instead of grooming 125 dogs he grooms 126 dogs
quiz 2-1 consider the market for bananas that is initially described by the following equations where q is the quantity
quiz 1-1 suppose that there are two countries island and mainland that both produce bananas b and fishing boats fb each
suppose a firm producing table lamps has the following costs quantityaverrage total
maria manages a bakery that specializes in ciabatta bread and she has the following information on the bakerys demand
additional practice questions-1nbsp holding everything else constant in the simple keynesian model presented in class
sally runs a vegetable stand she is selling 100 pounds of heirloom tomatoes per week at a price of 375 per pound if she
in the following figure consider the marginal revenue of the eleventh unit sold when the firm cuts the price from 500
is it possible for marginal revenue to be negative for a firm selling in a perfectly competitive market is it possible
in june 2013 microsoft announced that its new xbox one video game console would have a price of 499 sony then announced
bradford is a small town that currently has no fast-food restaurants mcdonalds and burger king both are considering
anheuser-busch inbev is the foreign-owned company that produces budweiser which has a large market share in the us beer
suppose there are four large manufacturers of toilet tissue the largest of these manufacturers announces that it will
keynesian and loanable funds practice questions-answer the next two questions using the information belowconsider an
a newspaper article referred to problems opec was having in affecting the world price of oil the article noted that a
homework 5-1 use the keynesian model to answer this set of questions suppose that in the economy under consideration
demandtec is a firm that provides software to retailers such as department stores that allow the firms to make better
finding dominant strategies is often a very effective way of analyzing a game consider the following game microsoft and
until the late 1990s airlines would post proposed changes in ticket prices on computer reservation systems several days
airlines often find themselves in price wars consider the following game delta and united are the only two airlines
the following appeared in an article in the wall street journal last week true to discount roots dating to 1971
homework 4-1 consider the aggregate production function for sambiay 10k12l12where y is real gdp k is units of capital
we made the argument that a bidder on an ebay auction has a dominant strategy of bidding only once with that bid being