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To receive full credit for this assignment, you must post two well developed paragraphs in this forum where you respond to these 2 questions:
1. "From your experience, and with your knowledge of the components of supply and demand, do you think it is possible to manipulate the equilibrium price? Do you have any examples of such behavior? (In other words, is the market price always determined by the confrontation of supply and demand?)" Discuss.
2. "Why is it important for a company to estimate demand and how does demand estimation affect planning? Explain using an example." Discuss.
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Concluding that because free trade is beneficial for the economy as a whole, it must be beneficial for each individual is an example of the:
How does the government assure the public that (1) Banks are operating with "safety and soundness" (2) that their deposits are protected and (3) that banks are not taking excessive risk in lending and investing their funds? (Federal Reserve, FDIC and..
In the competitive industry, reduction in property tax rate on fixed capital (plant) would reduce the fixed cost of all firms. This would have the following short-run effects on P, Q, and q respectively.
Suppose that Total Revenue = 100Q and Total Cost = 30 + 50Q where Q, the quantity sold, is a random variable with expected value 20 and variance 4.
explain the concept of deadweight loss. as well as answer the questions why does taxing a product lead to deadweight
those polices were predicated on 1930s Keynesian assumptions that economic recoveries always run out of steam and at certain points need artificial stimulation of demand and fine-tuning to keep them running at acceptable levels .The evidince of th..
the gains from specialization and trade are based on comparative advantage which reflects the relative opportunity
prepare a two- to three-page paper in apa style sixth edition format that describes explains addresses and answers the
why do income inequalities exist? how are income inequalities measured? how have income inequalities changed from 1980
Presume that a profit-maximizing monopolist has a plant of the optimal size and is producing a level of output at which price is $30, average fixed cost is $40 and average total cost is $55.
Besides addressing the issue of externalities, what other important and beneficial roles does the government play in a market economy?
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