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Question: An ideal monatomic gas contracts in an isobaric process from 1.35 m^3 at a constant pressure of 1.6×10^5 Pa. if the initial temperature is 415 K, find the work done on the gas, the change in internal energy, the energy transfer queue, and the final temperature.
Show that an increase in a1 for group 1 workers now creates a dynamic externality, in the sense that current output increases, which leads to greater physical and human capital investments in the next period.
Draw a graph with real seignorage revenue on the vertical axis and inflation on the horizontal axis. Show the values of seignorage for inflation rates of 0, 0.02, 0.04, 0.06, c, 0.30.
Suppose the department of Justice, Antitrust division takes Muncie Christmas tree cartel to court, arguing that the cartel is creating deadweight loss. It is beyond a doubt true that the cartel is acting monopolistically.
Discuss the effects on the equilibrium rental price and the quantity of housing rented.
Why is knowing (or estimating) the product demand so crucial for a firm? In your response, include an example of a business that has suffered from poorly estimating the demand of its products. Evaluate how or why the business made such a mistake.
Levi's has an advertising slogan: "Quality never goes out of style." Consumers can buy other kinds of jeans, including off-brands. The manufacturers of off-brand, or generic, jeans do not advertise. Assume that the average total cost of producing ..
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Consider an investment that cost $150,000 and has a cash inflowof $40,000 every year for 5 years. The required return on theinvestment is 8%. Find the NPV of the investment and determine ifit should be purchased
Draw an aggregate demand and supply diagram for Japan.
Calculate the total revenue and total economic profit for this pizza shop at each level of output. Calculate the pizza shop's marginal cost and marginal revenue at each level of output.
See the Suggested Readings by Robert L. Glass on the companion Web site for references. Write a summary of the reports, key conclusions, and your opinion of them.
The quantity of pizzas demanded soared the following week from 1 pie an hour to 100 pies an hour. What was price elasticity of demand for Domino's pizza?
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