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Describe how the choices made between governments’ spending of taxpayer money or taxpayers spending that money themselves, affect the allocation of society’s resources. Give reasons.
assume that the current level of income in the economy is 700 billion. it is determined that in order to reduce the
Suppose that there are 200 identical firms that sell five units each of the same good when the market price is $10 per unit. They have identical individual supply curves that are positively sloped straight lines that go during the origin. 100 of the ..
Coke and Pepsi have sustained their market dominance for more than a century. General Motors and Ford have been hard hit by competition. In one paragraph, explain what economic factors might account for these industry differences.
alchem l is the price leader in the polyglue market. all 10 other manufacturers follower f firms sell polyglue at the
what are these prices? b) How much output is sold at these prices and what is the profit in each market? c) Based on your answer in part a, justify why would the firm charge same or different prices.
write a paper no more than 2200 words in which you assume the role of a mutual fund manager deciding whether to invest
determine what fiscal policy measure has a more direct impact to the economy1. an increase in government spending or2.
you have been asked by the payroll department to create a program that will calculate the weekly pay for the companies
retailers such as neiman marcus and rei have generous return policies. other retailers provide price-match guarantees
What is the new profit maximizing output level and how many workers are hired at this level
What equilibrium prices will we see in the market when both operators compete on prices? Why?
Suppose that a natural monopolist was required by law to charge average total cost. On a diagram, label the price charged and the deadweight loss to society relative to marginal cost pricing. Briefly explain your diagram and comment on the results..
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