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Q. Suppose fears over gas shortages pass, and demand for gasoline returns to its pre-Katrina levels at D1. What could keep prices at $3.00 per gallon in the next six months?
Q. 1-Develop two MB-MC frameworks for both defense goods and civilian goods.
2- please Use a graph to explain increase in quantity of defense goods when there is an increase in marginal benefit. Prove it by using hypothetical figures and briefly explain.
What is the deadweight loss if buyers, instead of vendors, are required to pay the tax of $4 for each unit of the good sold.
What is the impact of the shrinking world on whether small to medium sized businesses should engage in international trade.
GDP also consumption both rose by $8 billion in the second round, Illustrate what would have been the size of the multiplier.
Which corporation's settlement obligations are expected to raise its standard total cost per pack by about $.60. Illustrate what effect with this have on its optimal price.
Consider a couple's decision about how many children to have.Assume that over a lifetime a couple has 200000 hours of time either work or raise children.The wage is RM10 per hour.Raising a child takes 20000 hours of time.
If the college charges all students the same tuition, illustrate what tuition can it charge to cover all of its costs.
Calculate Marginal Revenue from demand if the marginal propensity to save is 0.05, how large is the multiplier.
the last major conflict between the US army also Native Americans took place at
Converse briefly its relationship to microeconomics also other related fields of study such as finance, marketplace also statistics.
Calculate the marginal cost function. What is Chill man's profit-maximizing cost as well as output combination.
Illustrate what sets the 1st generation marginal lists apart from their second generation marginal list
Consider the first price auction. Write down the payoff matrix also find all Nash equilibrium
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