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It has been claimed by a well-known papyrologist that during the 4th century the rise of prices in Egypt was a consequence of the debasement of the currency: each price rise reflected a reduction of the silver in the coins. Discuss critically.
Assume the economy starts out at point A. After that, the public anticipates that the Fed will use expansionary monetary strategy to shift the AD curve from AD1 to AD2.
The vertical long run AS curve compatible with classical economics implies that AD only determines the price level
If the two firms each maximise profits independently, explain how much output would each firm produce. Explain how much quasi-rents would each factory earn.
Consumers often identify brand names with quality. Do you think branded products usually are of higher quality than generic products and therefore justify their higher prices
You recently hired an economist to work with engineering also operations experts to estimate the production function for a particular line of office chairs.
Elucidate is it good for the economy to have more competitive markets.
determine the environmental variable most likely to affect the short-run production over the next 12 months. Determine what managers can do to prepare for the possible change in short-run production. Pick a real or fictitious business.
Does either player have a dominant approach Does either have a dominated approach. Explain.
Would you expect firms in a tight oligopoly market reap higher profits than firms in a loose oligopoly market.
Using graphing function on TI-83/84 Explain how price supply and demand are equal. At this price, explain how many tickets will be supplied and sold.
Design an alternative author-compensation scheme under which the author and the publisher would pick the same price.
What is the optimal transfer price for the basic plastic item . At what price should the marketing division sell its product.
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