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The famous Sal's diner usually sells 52 servings of beignets at a price of $7 per serving. If the owners supply 35 servings for a taste test, derive the supply equation for the Sal's beignets.
1) A country with a civilian population of 900,00 (all over age 16) has 70,000 employed and 10,000 unemployed persons. Of the unemployed, 5,000 are frictionally unemployed and another 3000 are structurally unemployed. On the basis of this data, answe..
Reflecting upon the ethical implications of price discrimination. What criteria of fairness would you apply to pricing? Is price discrimination consistent.
Consider the interaction between inflation and the tax system (assume the inflation is expected). Does high inflation encourage people to save.
What would be the effect of each of the following on the supply of salsa in the United States? In each case, identify the responsible determinant of supply.
Calculate the marginal cost for each entry of the quantity in the above table, and using the marginal cost you computed, find the quantity of output.
You are a business consultant to the Northern Chicago snow skiing industry. National Park Resort has asked for your help this coming season to determine.
An economy begins in long-run equilibrium, and then a change in government regulations allows banks to start paying interest on checking accounts.
What is the salary t predicted by the standard bargaining solution and what is the salary t predicted by the standard bargaining solution - Draw the extensive form of game and determine the subgame perfect equilibria.
The question is an Article Review and it is belongs to Economics. The title of the article is "Rich man, Poor man" by James Fryer. And it talks about the income inequalities spreading through globalization.
What is something that you buy that has no product differentiation - How are you affected when the price of gas decreases like it has over the past 6 months?
Compare and contrast direct finance and indirect finance. Which is more likely to have a larger share of the total financial market in a mature economy? In a young economy? Why?
What is the expected value of the lottery and What level of utility does she achieve if she does not participate in the lottery? Indicate that point in the graph.
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