Equilibrium price of coffee mugs rose

Assignment Help Business Economics

Reference no: EM1315261

Q1. Some reasons why possessions could be allocated inefficiently by the market are negative externalities, positive externalities also collective consumption goods.

Q2. The equilibrium price of coffee mugs rose sharply last month, but the equilibrium quantity was the same as ever. Three people tried to elucidate the situation. Which explanations could be right? Elucidate your logic.

Q3. In a country with a working-age population of 30 million, 18 million are employed, 2 million are unemployed also 2 million of the employed are working part time half of who wish to work for full time. If 1 million of those unemployed are cyclically unemployed, illustrate what is the natural unemployment rate?

Reference no: EM1315261

Questions Cloud

Explain after tax cost of debt and preference stock : Explain After tax Cost of debt and preference stock and analysis calculate and explain the after-tax cost of preferred stock for a company

Texaco had indeed violated antitrust law : In 1990, the Supreme Court of the United States found which Texaco had indeed violated antitrust law. Which law do you think Texaco was found guilty of violating.

Hypotheses test-equality of two means : He would like to determine whether there are more units produced on the afternoon shift than on the day shift.

Assume that the 60.0 ft path is a straight line : A good baseball pitcher can throw a baseball toward home plate at 91 miles per hour with a spin of 1789 revolutions per minute. How many revolutions does baseball make on its way to home plate? For simplicity, assume that the 60.0 ft path is a straig..

Equilibrium price of coffee mugs rose : The equilibrium price of coffee mugs rose sharply last month, but the equilibrium quantity was the same as ever.

Fiscal policy measures for economy operating : What are two possible fiscal policy solutions for the problem? Using a Keynesian approach, you should be able to get numerical solutions. More points are given for numerical solutions.

Hypotheses test for equality of two means : A sample of 40 decaffeinated-coffee drinkers showed a mean of 5.84 cups per day, with a standard deviation of 1.36 cups per day. Use the .01 significance level. Compute the p-value.

Finding plausible value for correlation : Find out a plausible value r for correlation between vehicle weight and miles per gallon (mpg) shown in the scattergram below?

The initial total mechanical energy of the projectile : What is the speed of projectile immediately before it hits the ground if air friction does one and a half times as much work on projectile when it is going down as it did when it was going up.

User Account

All Pages