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Which of the following is the most likely reason the city council in New York City consistently denies licenses to independent van drivers selling rides to the public?
A firm has fixed costs of $4,000. Its short-run production function is y = 4 , where x is the amount of variable factor it uses. The price of the variable factor is $4,000 per unit. Where y is the amount of output, the short-run total cost function is
Describe the changes in the model parameter(s) and resulting changes if any in the hiring decisions of the three types of firms.
Assume Caesar allocates his entire budget to the purchase of chips as well as soft drinks.
In long run, what would you expect to happen to the price of steelin U.S. and Germany. What would be the price differential.
Firms are competing by choosing prices. Suppose that every firm's marginal cost is zero.
Find the net demand curve-facing industry A. Conclude A's optimal price also o/p. How much o/p do the other Industries provide in total.
Illustrate happens to the amount of debt held by the public. Illustrate what happens to the level of gross debt.
Leadbelly Co. sells pencils in a perfectly competitive product market and hires workers in a perfectly competitive labor market.
Professional sports players are generally paid much more than farmers, factory workers, engineers also teachers.
Elucidate how does TARP illustrate the problem of moral hazard. Illustrate what did the Federal Reserve do during the financial crisis.
For the industry you have chosen, discuss how price moves from today to the future.
Illustrate what will happen to GDP if taxes raise 100million when MPC is .75. Compute both tax also income multipliers.
Using the principles of covered interest parity, Explicates how a local industry can utilize a LC loan to synthetically create a 1-yr USD loan.
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