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Question: In a perfectly competitive market, demand is QD = 32 - 1.5P and supply is QS = -20 + 2.5P. Find equilibrium price and quantity and producer and consumer benefits. Say an innovation then lowers every seller's marginal costs by $5 at all outputs. Find the new price, quantity, and producer and consumer surpluses. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.
Determining sample-size is important step when planning a statistical study. It is also quite a difficult task since many variables must be considered.
Diagram the DEP/GARD supply chain. What stages are adding value? What stages are not? "Exactly. And do you know what DEP's performance is if we use a 3-day service window?"
Use a diagram to show the effects of weak exports and investment on actual versus potential GDP in the Canadian macroeconomy and how might the announced trade deal with the European union provide a source of optimism?
Determine the profit maximizing ticket price for the theater. What is the price elasticity of its demand at this price? What is the elasticity of its demand with respect to advertising?
Competition in communications seems cutthroat. Companies are invading each other's turf, and prices are falling. You can make a video-phone call to Australia.
Would that association be correlation or causation? Make an argument that the association is a causal one, being sure to explain the direction of causation.
The rent market price for a 1-bedroom condominium in NYC is $3,000. However, the government does not allow these prices to be charged and establishes a price ceiling.
Discuss the central economic problem facing this group of survivors and Make a list of the basic needs and wants of the survivors - shelter for the survivors is a very important need.
You have been hired (at £500/day!) to advise on the establishment of an export processing zone in a Middle Eastern nation. Your task is to write a brief.
What indicates that we have positive value of perfect information and what is the expected value of perfect information on reserves?
Clarissa's utility function is U(r, z) = z + 160r - r^2, where r is the number of rose plants she has in her garden and z is the number of zinnias. She has 250 square feet to allocate to roses and zinnias. Roses each take up 4 square feet and zinnia..
Each of the 5 questions needs at least a one paragraph answer and a citation.1. Why are many of the large industrialized nations (e.g., U.S., U.K., France, & Japan) running continuingly large federal deficits and what must be done to avoid default?
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