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In a competitive market for apples, what would happen in the short and long run to the market if the price for pears went up?
EXPLAIN IF POSSIBLE. What is happening to the US trade balance in each of the following situations? Explain.
q1. a. give introduction about markets and consumer protection involving the ethical and moral issues.b. critically
Assume that a new project will annually generate revenues of $2,100,000 and cash expenses (including both fixed and variable costs) of $500,000, while increasing depreciation by $250,000 per year. In addition, the firm's tax rate is 37%. Calculate th..
Government says that firm X must pay $1000 in taxes simply because it is in business of producing a good. What cost curves if any does this tax affect and does MC change if TC changes.
A consumer's preferences over two goods are represented by: U(x1, x2) = (x1^2)(x2^3)/100 The prices are P1 and P2, and an amount of money E can be spent on these goods. Show that the two uncompensated demand functions are: x1 = 2E/5p1 and x2 = 3E/5p2
How might "Ghosts in Your Genes" be described as a biomedical, behavioral and /or political economy approach to disease?
Listed below are the weekly sales from the household department at a local discount store: $35,000, $46,000, $28,000, $35,000, $68,000, and $52,000. Find the Arithmetic Mean, Median, and Mode.
Economic history since the industrial revolution [in the United States] strongly suggests that technical learning, not the process of perfect competition, drives growth over time. Please explain.
Discuss the correlations between US stock market prices and the prices of US Treasury Bonds. Some times stock prices and Treasury bond prices move in the same direction. Why? Sometimes they move in opposite directions...why would that be?
In the specific factors model predict who seeks protection against trade and who does not. Explain your answer. How does your answer change in the Hecksher-Ohlin model? Explain
When the polio vaccine first became available in the United States, the government controlled the price with an effective price ceiling. Production of the vaccine was not sufficient to fill all orders and the government had to regulate its distributi..
Do you think this particular budget cutting policy helpful to curb the growing budget deficit.
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