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How NSTP subject help you change the world for the better?
After a hurricane hits, demand for contracting services goes up because of an increase in damaged houses. Similarly, supply may fall as some contractors have their equipment destroyed and costs go up as the mold remediation is necessary in most house..
Draw an example of a monopoly with a linear demand curve and a constant marginal cost curve. Show the profit-maximizing price and output, p* and Q*, and identify the areas of consumer surplus, producer surplus, and deadweight loss. Also show the qua..
Please describe three specific stereotypes and how they negatively impact the group. Focus on the stereotypes presented in this week's readings regarding Africa
The salvage value at the end of the useful life is 0$0.00 (zero) sing a straight line depreciation method and double declining balance find the depreciation at each year and the book value .
Suppose Robina Bank receives a deposit of $53,589 and the reserve requirement is 5%. What is the amount that Robina Bank must keep on hand as required by the Federal Reserve (Fed)? What is the amount that Robina Bank will have in excess reserves from..
Find the total quantity produced also every firm's profit in equilibrium. Express Illustrate what happens to these when Firm 1 changes its technology as above.
A competitive manufacturer of gadgets has the following production function: Q = 20K - K2 + 30L - 2L2 . The price of gadgets, p = 1; the wage rate, w = 10; the rental price of capital, r = 16. (a) What is the profit-maximizing level of output? (b) At..
Think of an externality in your community. Explain what type of externality it is. How can it be resolved (through the market and/or through government policies)?"
Discuss the pros and cons of free-market based economies and how they impact the modern, globalized economy
A monopoly produces widgets at a marginal cost of $8 per unit and zero fixed costs. It faces an inverse demand function given by P = 38 ? Q. Suppose fixed costs rise to $200. What will happen in the market?
Wage Inequality and Trade – data indicates a growing gap between the wages for skilled and unskilled labor, and several candidates have made this part of the Presidential campaign. What role has trade and immigration played in this process? What impl..
Ponder this immigration reform: US citizens are given the right to sell their citizenship to whomever they choose at whatever price they can get. Someone who has sold her US citizenship is no longer permitted to remain in the US without an appropriat..
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