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1. List and explain the factors that cause an increase in demand (i.e., shift the demand curve to the right). If price is or is not one of these factors, explain why?
2. List and explain the factors that cause an increase in supply ( i.e., shift the supply curve to the right). If proves is or is not one of these factors, Explain why
Why might the U.S. have a comparative advantage in bioinformatics but not in manufacturing and steel making.
Find the equation of the dominant firm's derived-demand function
A farmer sells cotton to a clothing company for $1,000 and the clothing company turns the cotton into T-shirts that it sells to a store for a total of $2,000. You bought a new Wii at GameStop last year and resold it on eBay this year. You purchase an..
Illustrate what are the levels of income per worker also consumption per worker. Show how capital stock per worker will evolve over time in both countries.
While RIMS II, IMPLAN, and other methods regularly deviate substantially from each other in the answers they yield to analytical questions, is there a "band" within results should be considered "more accurate". For example, if RIMS and IMPLAN give a ..
Using the IS-LM model derive graphically derive the aggregate demand function. Fully explain each step of your derivations.
A competitive firm’s cost of production is C(Q) = Q3-20Q2+125Q. The firm’s problem is to choose the value of Q$0 that maximizes its profit. If this were a free entry industry, then what would be the long run equilibrium price?
If this were he case would there be any automatic stabilizers in the government economy. Elucidate what would there be any distinction between the full-employment deficit and actual budget deficit.
A road building contractor has received a major highway construction contract that will require 50,000 m^3 of crushed stone each year for 5 years. The stone can be obtained from a quarry for $7.80/m^3. As an alternative, the contractor has decided to..
Need Stage 2 paper - Business Process Analysis. Need APA format paper that is 3-4 pages with 2 references cited.Before you begin this assignment, be sure you:1. Have completed all previously assigned readings, particularly those assigned in Week 2..
Assume there is a market with only two profit maximizing companies (duopol) where each company has MC = AVC = 20 and no fixed costs. Also assume that market demand is Q = 100 - 0.5p. If both companies compete and chooses their given supply quantities..
mustard and mayonnaise are substitutes. mustard and relish are complements. mustard is a normal good. during the summer
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