Start Discovering Solved Questions and Your Course Assignments
TextBooks Included
Active Tutors
Asked Questions
Answered Questions
1 dene gross national expenditure in words and state it in equation form2 dene the trade balance in words and state it in equation form3 dene net
over the business cycle real gdp tends to increase during the expansion and decrease during the contraction can you name some other macro variables
the domestic demand for goods x is dd 100 - 20p the domestic supply of good x is sd 20 20pa draw the domestic demand and supply curves for good x
using production function and mpk diagrams answer the following questions for simplicity assume there are two countries a poor country and a rich
grow fertilizers company purchases a gravity settling tank of the 30000 purchase price the company finances 30 of the investment with a loan to be
discuss the following questions with your colleagues independent research will be necessary and be sure and provide your citation of authority1 why
1 a reason for diseconomies of scale isa gains from specializationb costs of information and communicationc dimensional factsd diminishing marginal
1 what is the regulation or statute for2 who does the act protect3 what are the consequences for violating it4 why are laws like this good for
1 consumer surplus is nota the value of a good minus the price paid for it summed over the quantity boughtb greater on the first unit sold than on
based on grossly distorted picture how useful do you think gdp is as an economic indicator what are its limitations as an economic measurement how is
1 recently the obama administration proposed a 100 per unit pack excise tax on cigarettes which would be imposed legally or statutorily on cigarettes
today more than ever organizations are built around people working collaboratively with one another in teams the continued impetus is for the
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
go back to the numberical example with no factor substitution that leads to the production possibility frontier in figure 5-1 a what is the range for
a demand curves for public goods adam and eve live on two sides of the garden of eden a small suburban development after they move in an old pcb dump
for livia coffee and tea are perfect substitutes one cup of coffee is equivalent toone cup of tea suppose livia has 90 per month to spend on these
it is adam smiths greatest contribution that he recognized in the social world of economics what isaac newton had recognized in the physical world of
not that long ago we experienced the excitement of thinking we would have cheaper online books and free music these visions that we had of a free
economists believe that when two countries specialize and trade each will be able to buy goods in which the other specializes at a lower cost than
diminishing marginal utility explains a lot about consumer behavior in the economy select a specific consumer behavior and construct a mini case
the ncaa prohibits schools that are caught paying athletes from participating in bowl games and sometimes the punishment is even more severe explain
1 discuss several economic events that would increase a countrys willingness to trade2 in the offer analysis why must an excess supply of one good be
short run profit maximization a monopolistically competitive firm faces the following demand and cost structure in the short runoutput price fc vc tc
market supply of labor the following table shows the hours per week supplied to a particular market by three individuals at various wage rates
derive an equation to find end of year future sum f that is equiv to a series of n beginning-of-year payments b at interest rate i then use the