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A significant drop in gasoline prices has encouraged more consumers to purchase cars. This has led to an increase in demand for car mechanics' services; however, there are not currently enough qualified car mechanics to meet this demand. What will happen to the market in the short term and the long term? In the short term, prices for car repair will rise, and these prices will remain high in the long term. In the short term, prices for car repair will rise, and in the long term, demand will fall to a point where it can be met by the current number of mechanics. In the short term, prices for car repair will rise, and in the long term, more people will pursue a career in car repair. In the short term, prices for car repair will fall, and in the long term, demand will rise to a point where it can be met by the current number of mechanics.
Does it seem likely that score and class would have a deterministic relationship? That is, is it realistic to think that once you know the size of a student's graduating class you know, with certainty, his or her test score? Explain.
Describe briefly the steps that need to happen (regardless of who takes those steps) to get from raw ingredients to someone buying that particular soda
a) What level of man-hours will maximize total output?
Discuss the contribution of transportation to the development of the developing countries at a global level with specific focus on the South African economy.?
a monopolist has a marginal cost of 22 and faces a demand curve of qd280-7p.i solve the monopolists profit maximization
What is the marginal tax rate for 2014 for $65,000 of taxable income for a single person?
Find the population proportion of 5 year olds who live with only one? parent, rounded to two decimal places as needed.
Ethan Nicholas developed his first game while still working as a programmer for Sun Microsystems. After his first game was a success, he quit Sun to form his own company-with himself as the only employee. How did Nicholas's quitting Sun to work f..
What have they done lately
a cupcake store is located in a mall and is the only cupcake store in that mall.nbsp the demand schedule for cupcakes
Define the market that the supply and demand model represents. This includes precisely defining the good or service and the structure of the market. Be precise!
Analyze the role of FDI in the economic development of Saudi Arabia. What are the determinants of FDI?
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