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Which of the following would most likely increase the price of automobiles?
a. decrease in the price of steel used to produce automobiles
b. an increase in the price of gasoline
c. a decrease in consumer income
d. the United Auto Workers union obtaining a substantial wage increase for auto workers
Why does the burden of sales tax fall completely on customer when the value elasticity of demand is perfectly inelastic; the seller when perfectly elastic.
when measuring the gdp for a particular year why do economists include only final goods? why dont they include the
Discuss how Internet security measures can actually create opportunities for criminals to steal, rather than prevent them.
A monopolist that practices perfect price discrimination will choose an output level where marginal revenue is equal to marginal cost to maximise profit.
Calculate the 2006 all cause age-adjusted mortality rates for males and females for the United States using the direct and indirect method of age adjustment.
Suppose that people derive utility from two goods---housing (H) and all other consumption goods(C).a. Show a typical consumer's allocation of his or her income between H and C
charm city mining company owns two mines each of which produces three grades of ore- high medium and low. the company
Illustrate your discussion with diagrams and economic models to enhance your discussion.
International trade is most likely to occur whenever a. one of the trading nations is self-sufficient b. all of the trading nations are self-sufficient c. one of the trading nations gains from trade d. each of the trading nations gains from trade
1. you are given the following information about the amount your company can produce per day given the number of
Assume the damages resulting from a particular type of pollution are uncertain. Policy makers are able to asses the average level of damages, and can choose a policy instrument that will internalize the average level of externality leading to what..
consider an industry in which chief executive officers ceos run firms. there are two types of ceos exceptional and
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