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Assume the supply curve of truck drivers slopes upward and to the right and the demand curve for truck drivers slopes downward and to the right. A decrease in the price of diesel fuel for trucks will (increase/not change/decrease) the equilibrium wage of truck drivers and (increase/not change/decrease) the equilibrium number of drivers employed. A. Decrease; increase. B. Increase; decrease. C. Increase; increase. D. Not change; decrease. E. Decrease; decrease.
Duopoly quantity-setting firms face the market demand p = 150 − q1 − q2. Each firm has a marginal cost of $60 per unit. What is the Nash- Cournot equilibrium?
Critique a human resource article which study employee development (appraising and managing performance, training the workforce, developing careers). The critique must contain the following: -A brief introduction of the article A statement of the pro..
Money market funds are yielding almost nothing. Last month, the interest rate on a money market fund averaged 0.08% a year and on 5-year CDs it was 2.6% a year. The inflation rate was 0.1% a year. Calculate the real interest rate on each of these fin..
Why is the U.S. GDP so much higher than that of Mexico? Would the same reasons apply when we compare the U.S. GDP to Canada's GDP?
Decide whether the demand for paint is elastic, unitary elastic or inelastic. Explain you're reasoning also interpret your results.
If short-run equilibrium GDP is above potential GDP, prices will eventually rise. A tax reduction shifts the consumption schedule downward. A superior level of technology is an important reason the productivity of workers in rich countries is high. A..
What is human trafficking ? and what are different locations or organizations where you can potentially conduct interviews about human trafficking
If you are running a bake sale and increase the price of your cupcakes from 1$ to 2$ what will happen
q.midcontinent plastics makes 80 fiberglass truck hoods every day for large truck manufacturers. each hood sells for
How would you go about estimating the different probabilities of three alternatives occurring if you have little empirical data on which to base your estimates? Using either expected value rule, mean-variance analysis, or coefficient of variation ana..
Assuming that a merger faces some threats also that the industry decides on self-expansion as an alternative strategy.
jason likes to buy guitars and trumpets. his marginal utility of guitars is given by mug 7t0.310g0.3 and his marginal
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