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Many statistics related to births, deaths, divorces, and so on across time are reported as rates per 100,000 of population rather than as actual numbers. Explain why those rates may be more meaningful as a measure of change across time than the actual numbers of those events."
elucidate how many units of fish could it now consume along with the 80 units of imported wheat.
In addition categorize the level of elasticity of a product or service of your choice from real life depends on what you know happens to the percentage change in quantity demand when the price changes.
A competitive advantage furthermore earns a life span income of $6 million moreover the non-steroid user earns $1 million.
Elucidate what happen to the prices of oranges and marginal product of orange pickers as a result of a freeze. Can you say what happens to the demand for oranges pickers. Why or why not.
Why it is generally not reasonable to say that a particular Pareto-efficient allocation is the most desirable allocation that can be reached.
Assume that the marketplace for sweaters is perfectly competitive. The future value of a deposit in a savings account will be larger
Find out the equilibrium level of GDP. Next Find out the multiplier for government purchases also fixed taxes.
Express Illustrate what will happen also why to the firm's average fixed costs, marginal costs, average costs also profits as the firm makes its choices.
Explain when a researcher is trying to estimate the causal effect of X on Y, and finds that the R^2 of her bivariate regression model is around 0.04.
What are the equilibrium price and quantity. If demand increases to D', what are the new equilibrium price and quantity. What happens if the government does not allow the price to change when demand increase.
Discuss whether or not oligopolies are always bad for society, using examples from the industries you described.
Illustrate what is the difference between absolute advantage and comparative advantage. If a country has an absolute advantage in both goods.
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