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Draw the demand curve and show the values of the price and quantity intercepts using the linear equation for Qx=28,000,000-Px divided by 1000.
Smith Co. has average fixed costs of $172.50 when it is making two units. It has marginal costs of $15 for the first unit, $15 for the second unit and $10 for the third unit. What is its average total cost for three units?
(a)$40(b)$195(c)$212.50(d)$130
Write an algebraic formula that gives Mr. Midas' demand for money as a function of bond and chequing account interest rates.
what happens to gross debt as a percentage of GDP. Elucidate what happens to the level of debt held by the public as a percentage of GDP.
Explain why Paul Collier seems to argue that export oriented industrialization or trade liberalization policies enacted by African countries would not help Africa develop.
Assume to you live in a simple economy in that only three goods are produced also traded: fish, fruit also meat. Illustrate what additional information might you require constructing your measure?
Elucidate how this can be possible, in spite of the fact that the exchange itself creates nothing new the goods being traded are still the same as they were before being traded.
Calculate the percentage change in nominal GDP, real GDP, and the GDP deáator in 2006 and 2007 from the preceding year. For each year, identify the variable that does not change. Explain in words why your answer makes sense.
Use the calculator to answer the question below. With a new government tax of $20 per carton, illusrtae what is the equilibrium quantity of cigarette cartons.
Illustrate what is the economy's MPC? It's MPS. Illustrate what was the APC before the increase in disposable income.
Elucidate your reasons as to whether oligopolies are bad for society in part a and how it applies to the beer industry in part b. Submit your analysis in a one to three page paper.
then an initial increase in aggregate demand of $100 billion will eventually shift the aggregate demand curve to the right by.
Calculate the percentage change in nominal gdp, real gdp and the gdp deflator in 2008 and 2009 from the preceding year. for each year identify the variable that does not change. explain in words why your answer make sense.
Describe what a manufacturer of each product might do in the short run to increase production.
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