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DQ: Government Expenditures
Suppose the federal government balanced the budget and no longer ran a deficit. Speculate how this would affect interest on the federal debt. Justify your response.
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Discuss the characteristics of a perfectly competitive firm. Does your franchise firm share any of these same traits? Explain.
On a diagram, draw the marginal cost curves for the two factories, the average and marginal revenue curves, and the total marginal cost curve (i.e., the marginal cost of producing Q = Q1 + Q2)" Indicate the profit-maximizing output for each factory, ..
Consider a firm with production function Q = 2.2K 0.45 L0.4. Assume P, w, r and fixed cost FC are 200, 100, 150, and 200, respectively. Determine the firm's profit maximizing level of output, employment of resources, and total profit.
Which of the following is a difference between arbitration and mini trials?
Do you favor a laissez-faire approach or government intervention and regulation with respect to monopoly What are the benefits of your favored approach, in terms of economic efficiency Is one approach always preferable, or should each monopoly mar..
Was it a positive externality or a negative one?
Draw a diagram to show how the reduction in future total factor productivity would affect individual firms' demand for future capital. Keep in mind that future capital is related to current capital and investment. Explain your diagram briefly.
equilibration is the process of moving between two equilibrium points as a result of some change in supply or demand.
Find out the firm's optimal quantity, price, and profit (1) by using the profit and the marginal profit equations and (2) by setting MR equal to MC. Also provide a graph of MR and MC.
Give at least three reasons and examples when addressing this question, using your text, the Online Library, and the Internet as resources. Identify an event that would shift the AD curve and which direction the AD curve will shift.
consider a simple two person economy in which the two citizens curly and moe can produce two different goods butter and
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