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Q. The subsequent cell-phone offer by Sprint is typical of Illustrate what one can get on a cell phone plan: 4,000 free minutes for $39.99 a month. The fine print says that only 350 of those minutes are anytime minutes; the remaining is restricted to evening also weekend usage. If you go over your allotted time, you are charged 35 cents every minute for any additional minutes. Illustrate what is marginal cost?
Q. If price increases from $45 to $55, the marketplace quantity supplied increases from 20 units every week to 30 units every weed. The price elasticity of supply is?
DHL prides itself on having its own staff of more than 300,000 people spread across the globe, instead of relying on local agents.
By what percentage would GDP be boosted if the value of the services of stay-at-home spouses were included in GDP
The equilibrium quantity increase or decrease depends on Demand
Suppose instead that use of the Sonoma county buy local currency is completely voluntary. Who is the most likely to use this currency.
Discuss the Social Security System, current status and future outlook. Be thorough and focus on the economic considerations. Cite at least 6 sources.
In 2020, Ahmed decides to invest in a wind turbine that would produce and sell electricity to the local electric utility. He decides to buy a smaller, used turbine.
Advantages and disadvantages of cigarette money in this prison economy in terms of these 6 criteria.
Using the simple model of multiple deposit creation, state the ultimate impact on M1 from the Fed's sale.
What is the difference between a production function and an quant. Explain the law of variable proportions with the help of quant.
If you match up pairs of buyers and sellers so as to maximize the total surplus of all transactions, what is the largest total surplus that can be achieved.
Explain why this formulation of consumption may provide a more accurate description of consumption than the simple consumption function that depends only on current income.
A company's cash sales for the month are $200,000 and its accounts receivable payments for the month are $100,000. What is its total incoming cash flow.
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