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The article must be representative of the economic issues represented by the topics or focus. The article review must include a brief summary of the facts in the article using economic terms. The article review must include a brief analysis clearly identifying the economic issues represented. The article review must identify a problem or debate linked to the economic issue represented. The article review must include an analysis of the problem or debate. The article review must include a conclusion about the solution or side of the debate you think is most correct. The article review must contain economic terms that are bolded, highlighted, or underlined. The article review must include a curve that represents the economic issue selected. The article review must include a second curve that indicates the change that would occur if your solution is implemented.
Describe how the marginal product for a resource can change. Conclude with an explanation for what can change the demand for a resource.
Construct the Coutrnot profit function. Differentiate this function and solve for the reaction functions of firm one and firm two.
Using the following information complete the cash flow budget for the months of January, February and March. Be sure to include GST in the rows provided. GST at the end of December 2006 was negative $2500.
Forecasting collect data using techniques of estimating demand functions in an attempt to forecast sales and prices.
Is the market for coffee perfectly competitive and does the coffee market meet all six conditions of a perfectly competitive market?
In the competitive market at a price of $50 and cost function of C=50+5Q2 find out the maximum profit? Show how the solution was reached.
Defines the price of the imported good as the foreign market price before it is loaded into the ship, train, or plane for shipment to the importing country.
If nothing else changes, what happens to the price and quantity if the supply curve shifts to the right? What is the law of supply? Give two examples of how you have observed the law of supply at work.
Which of the following would lead to a DECREASE in the demand for tennis balls and marv has a Bachelor of Science degree in mechanical engineering and could be earning $30,000 annually as mechanical engineer.
What is the long-run equilibrium price in this market? Explain intuitively, in your own words, why this is the long-run equilibrium. What is the long-run market equilibrium quantity?
Find and graph the contract curve and what is the ratio of the price of X to the pride Y in competitive equilibrium?
Choose an Oligopoly and describe the industry and explain the general pattern of change of the particular market model and hypothesize the basic short-run and long-run behaviors of the model in the industry you have chosen in a "market economy."
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