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In microeconomics
Write out the supply of loans formula and use it to show what will happen to the supply of loans if private saving rises, then complete this sentence: If private saving rises, the supply of loans curve will_. Draw a graph showing the loan market in e..
Illustrate what inconsistent other than price appear ro have the biggest impact on the demand for McDonald's products.
What is the only difference between Accounting Profit and Economic Profit?
Why the supply curve of labour to industry in the Lewis model is horizontal if there is surplus labour in agriculture.
Returning to question 2, suppose the government put a tax on soda of $.50 per can to be paid by consumers. Graph the before and after tax supply and demand curve. What is the new ewuilibrium price and quantity?
Assuming the first piece you picked is not replaced, what is the probability that you would pick an edge piece?
Which of the following is the best example of a monopoly?
Every day, Ivan buys 2 cups of coffee and a sandwich for lunch. The price of coffee is $2 per cup and the price of a sandwich is $5. Ivan’s choice of lunch maximizes his utility, and he spends only $9 on lunch. Compare Ivan’s marginal utility for cof..
Is the equilibrium price higher or lower, or is the change indeterminate. Is the equilibrium quantity higher or lower, or is the change indeterminate.
Use the Wall Street Journal article below “Copper Prices Slide to 5 1/2-Year Low” to analyze the recent changes in the market for copper. Demonstrate the changes in price on a supply and demand graph. Use specific price(s) and quantities when you can..
Suppose the government must borrow 1,000 goods in period 1. Let the gross real marginal product of capital equal to 1.07.
How does the change of consumer and producer surplus compared to the tax revenue.
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