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Assume money supply rule. Growth in Q is 5%; growth in V is 2%. How much should the MS grow to keep P constant?
Think our company should take advantage of economies of scale by increasing our output, thereby spreading out our overhead costs.
RealTurf is considering purchasing an automatic sprinkler system for its sod farm by borrowing the entire $35,000 purchase price. The loan would be repaid with four equal annual payments at an interest rate of 12%/year. It is anticipated that the spr..
Explain the role culture may play in influencing entrepreneurship both at the individual and social level. Define culture in your response.
Briefly explain why a change in the price of coconuts does not change the demand for coconuts and a change in the supply of coconuts does not affect the demand for coconuts.
John has a factory that produces paper and as a side product some chemicals are thrown into the water: one unit of the pollutant per unit of paper. The marginal benefit to John of producing paper is given by MB = 10 - Q. The marginal cost is given by..
What is profit-maximizing level of hiring for firm. How is it determined. What is equilibrium quantity of labour hired in market. Does it make sense given number of firms.
Graph the functions (a) y=-x^2+5×-2 and y= x^2+5x-2. with the set of values -5
Suppose that currency in circulation is $500 billion, the amount of checkable deposits is $1,000 billion, excess reserves are $150 billion, and the required reserve ratio on checkable deposits is 10%. Calculate the money supply, the monetary base, th..
Suppose a firm's average cost is R30 at 5 units of output and R32 at 6 units of output. The marginal cost of producing the sixth unit is R42. Is it true or false.
q1. the herbivores society is selling mini bbq vegetable burgers for 3.00 each. if each individual student has the
A recent report on GDP growth rates showed that the GDP of Dorada, a developed economy, has declined by 1.5 percent this year. Emily George and her friend Tabitha Jude, both students of economics, are discussing the possible reasons for the decline i..
Many U.S consumers want their meals in a hurry, but with more service and higher quality food than in traditional fast food restaurants. The result has been the rise of fast casual restaurant chains, such as Daphne’s Greek Café, Boston Market, and pa..
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