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What is the difference between demand for insurance and demand for medical care?
Over the past year price inflation has been 10% but the price of a used ford escort has fallen from $6000 to $5000. The real price of a ford escort has fallen by Elucidate how much.
At the same time some internet trades such as grocery home deliveries have continually suffered steep losses regardless of scale.
Which of the subsequent is a Keynesian conclusion about how adjustments occur in a recessionary gap?
Explain with the concept of optimization and a graph, the circumstances under which a waste site could be made "too clean".
Why does the assumption of independence of risks matter in the examples of insurance.
As an industry moves from being a monopoly to a monopolistically competitive one (due to entry of new competitors as monopoly's patents expire, for example), what happens to elasticity of demand curve facing firm.
Explain is a high degree of market concentration a boon or threat to consumers. What is the strongest argument on either side.
Case Study - Technology and Economic Change and what are the causes of economic growth in potential output in the long-term? Apply the theory to illustrate and explain your answer with an example.
Illustrat what are the advantages of using capital in the production process. What is meant by the term "division of labor".
The united states exports a substantial amount of scrap iron and steel to Japan and other countries. Explain Why do some US users of scrap iron and steel support a prohibtion on these exports
find out goods that lie near these extremes. Characterize demands for the following goods as being near perfectly elastic or near perfectly inelastic.
Suppose that clean srings water c ompany has a monopoly on bottled water sales in california. suppose that the price of tap water increases. which is the change in the profit maximisation price and level of output for CSWC. explains in words and..
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