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Revenue to a producer of a good or service will vary with the price and quantity demanded. Suppose a restaurant found that they 100 pizzas are demanded when price is $8. And 80 pizzas are demanded when the price is $11 what is the total change in revenue. If the change is negative [the restaurant has less revenue) the demand for pizza is elastic. if the change is positive the demand for pizza is inelastic. Record your answer with the appropriate positive or negative sign.
A city water and waste-water department has a four-year-old sludge pump that was initially purchased for $65,000.
In the standard Hotelling model of exhaustible resource pricing
What happens to domestic output and the domestic interest rate? Is it possible that a government that was previ- ously committed to a fixed exchange rate might abandon it when faced with a fear of depreciation?
Calculate the mass, in grams, of the BaCrO4 produced when 3.02 mL of 0.149 M Ba(NO3 )2 and 4.06 mL of 0.616 M (NH4)2CrO4 are mixed.
An economy is characterized by the production functionY = A (K^a ) (L^(1-a) ). The capital share of output is 50%, the depreciation rate is 10%, the investment.
How might elasticities help to explain why people on vacation tend to spend more for food and necessities than the local population?
Which one of the following statements about trade blocs is correct - Which one of the following is not an important source of revenue for the federal government?
What are the assumptions that are required for the capital asset pricing model and explain the three steps of top down investment.
how can political socialsocietal cultural and economic factors influence the supplier selection process? provide
explain the concept of diminishing marginal utility. since all goods are scarce does diminishing marginal utility
compute m1 and m2 given the following. assume any asset not listed has a zero value.asset amountbillions of
a countrys annual growth rates over a 10-year period are shown in the following table.year growth rate 1 5 2 3 3 4 4 -3
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