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Q. I want to get all the solution or manual of problems of microeconomics written by Michael Parkin 8th edition.how can i get the manual or solution or how can i download the manual free?please help me sir.
Q. The invention of a machine that increases milk production is discovered. If farmers were to decry the effect of this new technology on the price of milk and lobby government to set the price of milk at the price before the invention, what would be the result?
Discuss what a manufacturer of each product might do in the short run to increase production. Illustrate how does the long run differ for these products.
Illustrate what price do you think this firm should charge if it wants to maximize its short-run profit.
Explain the difference between a person's nominal income and their real income. Why is real income more important to that person.
Illustrate what is macroeconomics. What role does macroeconomics play in your personal financial decisions and the decisions that your organization makes.
The demand for MICHTEC's products is related to the state of the economy.
Suppose the money supply is currently $500 billion and the Fed wishes to increase it by $100 billion. Given a required reserve ratio of 0.25, what should it do?
Illustrate what is the market elasticity of demand. What is your elasticity of demand in this Cournot oligopoly.
How versus simply ordering each farm to reduce pesticide use to 40% of current levels under threat of heavy fines for non-compliance.
Calculate the percentage change in nominal GDP, real GDP and the GDP deflator in 2009 and 2010 from the preceding year. For each year, identify the variable that does not change. Explain in words why your answer makes sense.
Which of the subsequent goods with their respective income elasticity coefficients in parentheses will most likely suffer a decline in demand during a recession.
Elucidate how do your previous answers change in the special case where money demand does not depend on the expected rate of inflation
Each of the estimated coefficients statistically significant at the 95 per cent confidence interval. What is the optimal output level.
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