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assume that demand for product a can be expressed as qa 500 - pa 3pb and demand for product b can be expressed as qb 300 - 2pb pa currently
on what does the domestic currency price of a nations imports depend what would happen to the domestic-currency price of a nations imports increases
im taking a microeconomics class and i have to illustrate a 15 tax on a 30 item with a quanity of 30 i need to indicate new price points and
suppose that a borrower and a lender agree on the nominal interest rate to be paid on a loan then inflation turns out to be higher than they both
since 1995 the world trade organization wto has adjudicated trade disputes that arise between or among nations now there are also more than 475
which of the following is an example of a demand shock a hurricane harry knocks out oil drilling platforms in the gulf of mexico b consumers become
1 a do protectionist policies benefit producers consumers workers or the government explainb explain how the buy american theme hurts americans2 a
recent increases in rents have caused the citizens of elmville to vote for a rent ceiling of 1200 assuming all rental units in elmville are identical
the cost of pollution emanating from the chemical industry in billions of dollars iscp 3 p 3 p2where p is the quantity of pollutants emitted in
the demand curve for a product is given by qdx 1200 - 3px 01pz where pz 300a what is the own price elasticity of demand when px 140 is demand
in 1980 california instituted a new system for funding special education among other things the system provides increased funding for
the wod pokem corporation needs to raise capital for an expansion of their battery operations 25 million is needed for the venture the planned
three people are in a duel the first is an olympic shooter the second is an average shooter and the third is a drunk they will take turns taking
1 which of the following actions reflect self-interested behaviori warren buffett one of the worlds wealthiest individuals donated more than 30
1 the relationship between variable x and variable y can be stated as y 5 2x a graph of this relationship has a slope equal toa 5b 25c 2d 522
an airline ticket costs the same from casper wyoming to denver colorado and from denver to orlando florida does this make economic sense explain the
with an unprofitable rural hospital that was offered a contract at a lower price what are major economic concepts that are important in making the
a the food and drug administration classifies tobacco an addictive substanceb the congress votes to raise the excise tax on all tobacco productsc
a domestic shoe company distributes running shoes and tennis shoes for 95 per pair the marginal cost of producing a pair of running shoes is 60 and
1 inside the corporation there are systems that motivate individuals and teams to make the most efficient decisions over product linesa automatic
when the price of a good is 5 the quantity demanded is 100 units per month when the price is 7 the quantity demanded is 80 units per month what is
in the 1970s congress imposed an excess profits tax on these companies it did not do so this time what does this change show about how our
discuss the background of federal reserves chairman ben bernanke in detail including his educational background to his accomplishments to his role in
the sec regulations require us corporations to publish operating results on a quarterly basis how does this short term time frame impact long term
assume you are hired as a consultant by barks industries a company in a monopolistically competitive industry how would you advise the company in