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The market for Good Y, a perfectly competitive good, is made up of 15 producers who each produce the same amount of Good Y. If the price of Good Y is currently $100 and the total quantity supplied is 150, how many units of Good Y is each producer supplying?
A possible international monetary regime consists of a world central bank conducting monetary policy and issuing a single currency used throughout the world. Elucidate what would the advantages and disadvantages of such a system be.
The stock of ABC Corporation will go ex-dividend tomorrow. The dividend will be $0.50 per share, and there are 20,000 shares of stock outstanding.
Monetary approach, elucidate the process by which a balance of payments deficit is corrected under a flexible exchange rate system?
Suppose that a firm that is expanding its output has a very large total fixed or sunk cost. What will happen to its average total cost as it expands output Can you think of any firms or industries in which this is likely to happen
How could these issues be avoided? How does an understanding of your culture allow you to better understand the culture of others? The items globally marketed in those graphical area brands could be less affordable declining sales create a ripple ..
Identify which economic and political policies affect your firm and explain how they impact business decisions. Explain how does your firm use technology to strategic advantage.
Assume the MPC to be 80% (.8) and based on your information in 1 and 2 above calculate the impact of the change in Government Spending, G, or the change in taxes, T, to determine the maximum possible change in real GDP in the economy. CLEARLY SHOW..
Assume that a chair manufacturer is producing in the short run (with its existing plant and equipment). The manufacturer has observed following levels of production corresponding to different numbers of workers:
What do you think that Antitrust Department should punish Google for being a "monopolist". Did the author of the article think so.
If there are 150 million people in the labor force and 10 million of them do not have jobs but have looked for work in the last month what is the unemployment rate? 2)If next month 5 million people who have been discouraged workers start looking fo..
Depends on your discussion, what is the most critical element(determinant) when considering the determinants of supply. In other words, what determinant has the greatest influence on the economy.
Suppose elasticity is -2,price is $10, and marginal cost is $8, should you raise or lower price?
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