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Give a numerical example to show that a monopolist's marginal revenue can be upward-sloping over part of its range. The price on the demand curve is the producer's average revenue.
Maker an article or current event article which relates to government regulations or antitrust activities.
Explain why should a government be concerned with the pricing of products that a company transfers.
Suppose that, other things remaining unchanged, the price of X falls to $1. What quantities of X and Y will you now purchase.
The size of the worker force in a community these folks are gainfully employed What is the unemployment rate.
When 50 employees are used, the average product of labor is 50 and the marginal product of 50th worker is 75.
Expalin how can inflation derail the economy from its growth path.
Dave is employed by a corporation that currently pays him $65,000 a year. He owns a new car that he bought for cash of $32,500. Dave is thinking about returning to school to get a law degree.
Discuss how absolute advantage and comparative advantage differ? Kyle can read 20 pages of the economics in an hour. He can also read 50 pages of history in an hour. He spends 5 hours pre day studying. Draw Kyle's production possibilities fron..
Consider a competitive market for which the quantities demanded and supplied (millions per year) at various prices are given as follows:
Suppose that the position of a nation's aggregate demand curve has not been changed, but long-run equilibrium price level has declined.
Illustrate the process of bringing a new international bond issue to market. What should a borrower consider before issuing dual-currency bonds. What should an investor consider before investing in dual-currency bonds.
Economists consider which of the following costs to be irrelevant to a short-run business decision? In economic analysis, any amount of profit earned above zero is considered above normal because,
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