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1. Draw a supply and demand curve, label X & Y axis and show equilibrium. Show shortage and surplus and why they exist, add ceiling and floor use examples and describe.
2. Draw a supply and demand curve, label X & Y axis and show equilibrium. Show a shift in demand and supply, and why it has occurred (non-price determinants). Describe all changes. Show in two or more graphs and use 2 examples for each - supply and demand
Using the data from above: As price decreases from $1.00 to $0.70, demand is (elastic, inelastic, unit-elastic) ______________ and total revenue (increases, decreases, remains the same) ______________. As price decreases from $0.70 to $0.60, demand i..
Explain why does price equal marginal revenue for the purely competitive firm. what is the relationship to the demand curve for the firm.
Explain how do I draw a production possibilities curve for 2 products in an economy if a natural disaster affects one but not the other.
Illustrate what is the forecasted price of oil over the next 16 years using a discount rate of 5%.
The real interest rate is 4 percent, and the nominal interest rate is 6 percent. What is the anticipated rate of inflation?
it is estimated that the price elasticity of demand is -3.0. Is the firm charging the optimal price for the product. Demonstrate how you know.
Addressing recession using Fiscal and Monetary Policy tools. Scenario - The US economy is currently experiencing recession. You have Fiscal and Monetary policy tools available to address this problem: To attack the problem of recession, you must sele..
1. Based on research, summarize the economic booms that India and China enjoyed within the past few decades. What economic policies do they have in common?
Illustrate what are some examples of e-mail differences that causes frustration. Has the Weiner developed an effective comparison essay.
Read the following article: “Porter or Mintzberg: Whose View of Strategy Is the Most Relevant Today?”. What is the difference between deliberate strategies and emergent strategies? How might emergent strategies help with a future strategic planning p..
Prepare a recommendation for each company. Should your recommendations be the same for both companies
If we know that expansionary monetary policy cannot create real economic growth in the long-run, why would it ever be used in the short-run?
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