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The original price of the commodity Y is 420, with the quantity demanded for commodity X is being 80 units. Calculate the cross price elasticity if after the price of Y increases to $40, and the demand for X falls to 70 units. Interpret your answer.
Describe the core principle of the standard and whether or not you are in agreement with the proposed standard.
A tax equal to the external cost of used paper
Use the utility function to answer the questions, below: (x1, x2) = exp (√(x 1 ) + √(x 2 )-Derive the Marshallian (ordinary) demand function for good1 and 2, x i *(p,l), i =1,2 . Then derive the indirect utility function (p,l).
What are the advantages and disadvantages of a weak versus a strong dollar for imports, exports, international and domestic markets?
According to the article "Emotional Intelligence and Effective Leadership", one of the most important constructs in leadership today is the concept and application of emotional intelligence (EI).
From 1970 to 2000, the supply of college graduates to the labor market increased dramatically, while the supply of high school (no college) graduates shrank. At the same time, the average real wage of high school graduates fell.
the wages of players have raised enormously, in particular the salaries of high-quality pitchers.
Identify and discuse the IS-LM framework(determination of income and interest rate) and the wquivalentAD-AS framework (determination of price level andincome) and how changes in equilibrium occur as a result of changes in fiscal and money policy..
What should the role of the government in terms of the Internet taxation and Internet content? Based on which of the roles of government? The Internet Taxation issue is that if you buy products from online sellers than you may not pay sales taxes,..
Assume you executed a 90-day forward contract to exchange 100,000 Swiss francs into US dollars. How many dollars would you get 90 days hence.
Economic analysis that takes into consideration linkages between markets is called ? A. partial equilibrium anaylysis B. input output analysis C. general equilibrium analysis D. cost-effectiveness analysis E. none of the above
Explain some of the major courses of poverty in US
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