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Scott consumes only two goods, steak and ale. When the price of steak falls, he buys more steak and more ale. On an optimal choice diagram (with budget lines and indifference curves), illustrate this pattern of consumption.
If the company has 3,500 shares outstanding and the risk-free rate of interest is 8%, calculate the price differential for this company.
HI5003 - Economics for Business Choose any industry and discuss the reforms done or needed in that industry and demand and supply of a product of your choice and factors that affect the demand and supply sides of the market.
Advocates of zero economic growth are principally concerned about the deleterious effects of economic growth on the environment. Does economic growth necessaril
q1. if the us economy is operating near full employment and the exchange rate increases the dollar appreciates explain
Mention three businesses that you are familiar with or that you have dealt with recently. Decide on which market structure that these businesses fit – perfect competition, monopolistic competition, oligopoly, or monopoly. What characteristics were mo..
q.the average wage in a particular country assumedly is 35752. assume a researcher selected a simple random sample of
Why has comparative advantage become the fundamental and accepted theory of trade?
Would Locke agree or disagree with Adam Smiths concept of humans nature of truck, barter and exchange?
Defining managerial economics by reffering two economists, using the positive approach. discuss by using specific examples the purpose of economic analysis and use of economic model.
Cartman and Kyle are castaways on an island and spend their days picking papayas and mangos. Cartman has a comparative advantage in picking papayas. Kyle has a comparative advantage in picking mangos. use the infinite line tool to draw the linear pro..
q1. total fixed cost or sunk cost is independent of quantity produced.assume a small firm has invested 10 million in
If there is competition for CONs, what is the price of a CON? Who get paid? Is the CON worth more than is paid for it? If so, who obtains these gains from trade
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