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Q. Industries do not need to be concerned about striking a balance between cost effect and output effect when making production decisions in which of following markets?
Q. During course of twentieth century, average workweek in United States has gotten shorter and Americans have enjoyed greater amounts of leisure time. How has this development affected potential GDP and labour productivity?
Elucidate the relationship among scarcity, choice and opportunity cost in the context of managerial economics.
Elucidate how does consumer surplus after the discovery compare to Illustrate what would exist if the New Jersey oil were supplied competitively.
If the nominal interest rate in Japan remains unchanged, what happens to the interest rate paid on Korean deposits.
If in an economy a $120 billion increase in consumption spending creates $120 billion of new income in the first round of the multiplier process.
As she will be in a lower tax bracket. As her financial advisor, which option do you recommend.
In recent yrs, persons also state governments have sued various tobacco companies to compensate for illness also injury allegedly cause d by cigarette smoking.
Illustrate what salary would be required for the soldiers to be as well off as with the allowance.
Elucidate the evidence that supports these recommendations and how your recommendations might need to be modified for the alternative economic futures
what is the expected economic life for this water pump and what is the minimum annual equivalent cost.
The US government could not pass its annual budget. As a result, the US government has partially shut-down: roughly about 800000 federal employees of non-essential services are out of work
Based on your understanding of the gains from trade, do you think which these payoffs actually reflect a nation's welfare under the four possible outcomes.
Suppose you have two goods, ice cream and macaroni(an inferior good to most people). show graphically what would happens when the price of the ice cream decreases and income increases.
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