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Alex took clothes to the cleaners three times last month. First, he brought 4 shirts and 1 pair of slacks and paid $14.45. Then he brought 6 shirts, 4 pairs of slacks, and 1 sports coat and paid $40.39. Finally, he brought 3 shirts and 1 sports coat and paid $14.96. How much was he charged for each shirt, each pair of slacks, and each sports coat?
What is total cost of saving water. Illustrate what is marginal cost saving 1 meter cubic of water.
Elucidate what is the implication of the efficiency wage theory for unemployment. In what way are piece rates, commissions, royalties, profit sharing, and stock options substitutes for efficiency wages.
short-run average cost curve and the long-run average cost curve are both U-shaped for the same reasons.
Due to the increased globalization of financial markets, we can expect all of the following, except:
the hhi for automobiles is 2350 for sporting goods is 161 for batteries is 2883 and for jewelry is 81. which of these
How might it be possible for the unemployment rate to still increase? Provide an example, i.e., provide a scenario with numbers, to support your answer
Suppose Philip Morris and R.J. Reynolds can write an enforceable contract about illustrate what y will do. Illustrate what is cooperative solution to this game.
Elucidate why your answer to part (a) is an example of marginal analysis also optimizing behavior in general.
What is the advantage of charging a fee in queuing?
Let’s assume that you own a fast food restaurant and you are faced with many customers each day eating in the restaurant without any tables. Describe the difference between the short run and long run in the example to bringing about more tables for t..
Describe the point at which diminishing returns occur. Indicate the points that delineate the three stages of production.
Briefly explain the difference between economic forecasting and business forecasting. What is the best economic tool to help the leaders to see future better than others economically 6 to 9 months before the cycles of the business cycles of the US ec..
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