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1 what is a perfectly competitive market2 what is marginal revenue how is it related to total and average revenue3 how
assume that your consumption decisions are made according to the permanent income theory which of the following would
suppose a country switches from a flexible to a fixed exchange rate which of the following will occur as a result of
suppose households unexpectedly increase consumption and the central bank keeps the interest rate fixed which of the
suppose there is a decrease in government spending in a closed economy fiscal policy action will causea the natural
assume that the yield curve is initially upward-sloping now suppose that the central bank announces a large monetary
1 how do you think the size of marginal costs of newspaper production compares to the size of average total costs
which of the following are potentially valid arguments for tariffs or export subsidies and which are not explain your
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a hospital would replace five personnel that currently cover three shifts per day 365 days per year each person earns
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suppose demand is given by qd 100 ndash p and supply qs p if sellers pay a tax equal to 10 what is the after-tax
which of the following are examples of automatic stabilizers check all that apply1 in response to the 2008 recession
the pervasive problem of scarcity means that every society must choose among alternative uses of its limited resources
in the market for loan able funds what can cause a rise in interest ratesdemand shifting right onlysupply shifting
a major airline estimates that the demand and marginal revenue functions for first class and excursion fares from new
under what conditions should a manager use each of the following rulesoptions for pricing decisions a maximax rule b
the number of donuts a 9 year old child eats in a month is between 5 and 4 and follows uniform continuous distributiona
suppose the production function of a firm is q100k12 l12 the corresponding long run cost curve was found to be
the long-run equilibrium for a perfectly competitive firm is zero-profit equilibrium does this mean that owners of
what is an example of big data either from your personal experience or outside research how can big data impact an
the growth of businesses such as coin star that convert coins into bank notes or gift cards caused money to and the
matt has an inverse demand function for current movie dvds of pq 25-3q the supply of dvds is given by pq 5q matts
marginal cost dcdy dcvydy that is the marginal cost change in total cost due to the change in output change in