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Question: Jerry has $12 a week to spend on yogurt and berries. The price of yogurt is $2, and berries are $4 a box. How do Jerry's consumption possibilities change if, other things remaining the same,
(i) the price of berries falls and
(ii) Jerry's income increases?
What is the relationship between productivity and the cost of production, and how does the cost of production vary over the short- and long-run?
What is total U.S. government revenue from the tariff and if trade opens up, what will be the quantity of U.S. imports?
What will you put on sale in your district during the Valentine's Day week? You must provide your reasons and
Write a full three-page report on the Tuskegee Experiment. In your report tell how this tragic incident relates to African American health services in that era.
You have been asked to assist your organizations marketing department to better understand how consumers make economic decisions
Why is the money multiplier in the United States smaller than the inverse of the required reserve ratio and explain why depositing cash into a checking account does not change the money supply. Provide one (1) supporting fact.
suppose that marginal utility of good a is 4 times the marginal utiltiy of good b but the proce of good ais only 2
suppose that the reserve requirement is 10 percent and the balance sheet of the peoples national bank looks like the
Using demand and supply curves, show the effect of each of the following on the market for cigarettes: A cure for lung cancer is found. What is the equilibrium price?
The table below represents the world supply and demand for natural vanilla in thousands of pounds. A large portion of natural vanilla is grown in Madagascar.
Identify the important facts in the case study
A $0.5 excise tax is levied o oranges, what would be the new equilibrium price and quantity if the demand and supply curves are Qd=1000-200*price, Qs=800*price.
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