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1) Graph a Monopoly
2) Compare the price, quantity, and ATC of a monopoly with a perfectly competitive firm. Who is more efficient and why?
Illustrate what are the main determinants of the amount of excess reserves held by banks. Illustrate what is the primary determinant of deposits and the money supply in the long-run.
Incorporate tastes into economic models only to the extent that tastes determine whether pairs of goods are substitutes or complements.
Suppose vehicle is introduced into a central business district (CBD), doubling speed of travel for information exchange. Who financially benefits from innovation.
Has the U.S. economy experienced inflation or deflation during recent recessions.
Would company benefit by advertising in this perfectly competitive market. What would happen to price of toothpaste, would it rise or fall. What would happen to profits company makers.
q.for the questions below write an explanation of the short-run effect including the determinant of ad or as that is
the technology is now developing so that road use can be priced by computer. A computer in the surface of the road picks up a signal from your can and automatically charges you for the use of the road. Explain how would this affect bottlenecks and..
Maria decides to switch a major and is now a student in business. in period 2, she will have a BA in business and her income will be $88000. determine Maria's lifetime wealth. determine consumption and sacving of maria in period 1 and period 2.
Explain the statement that "an individual bank has little ability to expand the money supply unless all the other banks expand in step". Does that simply because a conduct of one single bank cannot change the aggregate money supply?
Why would unemployment also job rationing the consequences of setting a minimum wage of 2 dollar every hour in this marketplace
Wicksteed made a significant contribution to value theory during the marginal utility revolution. This contribution was the "Exhaustion of the product"
What is amount of China's foreign reserves by end of 2004. What problem is China facing as it continues to build huge foreign reserves.
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