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Before the collapse of communism Berlin was a divided city. After the Berlin wall came down movement between East and West became possible. What happened to the income of taxi drivers, and fares paid by consumers, in East and West Berlin after unification; given that living standards are much higher in West than in East Berlin. Assume the market for taxi cabs is competitive.
Consumers buy from the lowest price firm, and the highest price firm sells nothing. If the firms pick the same price, they split the market demand equally.
Each of the estimated coefficients statistically significant at the 95 per cent confidence interval. What is the optimal output level.
discuss several ways in which greater educational opportunities for young women could lead to faster economic growth in these countries.
What is the expected impact of fall the business confidence. Explain with suitable diagram. Will monetary policy help to increase the investment by private sector in the presence of fall in the business policy.
Illustrate what economic cost will an owner of a family-run business or farm likely overlook when computing their "profits".
During a war the government puts pressure on producers for heavy equipment, supplies, and services, making each more important.
Assume that the marginal cost of providing lockers is zero as well as the monthly demand as well as for lockers is estimated to be best described.
Avocado farmer, Mrs. Henny Brown is worried about wealth transfer also unjust taxation.
Take a position on whether or not companies benefit from using a structured profit approach to calculate their profits. Provide an explanation of your position with at least two examples or scenarios of the use of such an approach.
Using short-run cost theory, explain the impact of this additional patient on the SAVC and SATC. Do they increase or decrease.
Now using the information on input prices also MR, Illustrate what is the optimal input combination.
suppose that the economy is currently in a recession. If policy-makers take no action, explain how will the economy evolve over time. Explain in words and using an aggregate-demand/ aggregate-supply diagram.
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