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Suppose it is 2014 and gasoline prices have risen to eight dollars a gallon. Congress is proposing a bill that will roll back gasoline prices to four dollars a gallon. Analyze the consequences of such a bill and whether or not you would personally favor it. Consider all the costs involved in your analysis.
Each firm can monitor the other's price very closely and can respond instantly
Illustrate what would happen in the market, please Specify whether the policy would cost the Chinese government anything also if so, and explain how much.
A battery in a critical tool fails at 32 hours. Illustrate what is the probability it was from manufacturer 2
Elucidate how the investor's curves would appear if she adopts the 50:50 strategies but would not accept any additional return.
The financing of a government deficit increases interest rates also, as a result, reduces investment expenditure.
Illustrate what price should he charge each group if he needs to maximize revenue collected from ticket sales.
here are many liquid cold medicines, all of which have almost exactly the same ingredients. Yet medicines with brand names that the man recognizes from television commercials are for more than the unadvertised versions. Elucidate in economic terms..
Demand for sporting events is uncertain, and depends on the quality of the match, as well as on unpredictable events, like the weather. Elucidate how would you price these two events differently.
Please try to come up with real examples: it's not enough to say which savings account decreased.
Using the numbers that you calculated above, explain the relationship between the marginal cost and average variable cost.
Explain your answer thoroughly. Illustrate Monetary Policy Tools should the Federal Reserve use to fight inflation. Describe them thoroughly.
The Faculty of Economics and Administrative Sciences is considering to throw a party to its students. The marginal benefits to the students are given by MB=1200-Q2.
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