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A Paper Company produces 1 million euros worth of paper and sells it to a book publisher, which prints 100,000 copies of an economics textbook for which it paid an economics professor 500,000 euros to write. The publisher sold the textbooks to university bookstores nationwide for 3 million euros. The university bookstores received 4 million euros from students in exchange for the books.
Illustrate what is the total contribution to GDP from the above events?
According to comparative advantage, in which industries would you recommend the country to specialize. Has the country specialized in your suggested industries.
The terms of trade if the united states trades 1 can of soda for 5 units of clothing.
Assume that Roscoe's Rascals decided to add the pet food line. A copy company wants to expand construction.
Elucidate the dynamics through which an increase in the stock of money affects real output and the price level in the short run.
Illustrate what is the marginal cost of one of the 50 newspapers folded also bagged by the fourth student.
Why might bad cars drive good cars out of the used-car market. Give at least two possible solutions to resolve this paradox.
Consider the following Demand equation that represents Demand for goods to your company produces q=100-2p. Total cost of production is cq. Given to your company's objective is to maximize profit
Assume that at this time in the nation of Economic when families split up there are no required child support payments.
our company values the three tons of channel steel at $12,000. Illustrate what is your optimal bid. Elucidate how all step by step calculations to arrive at solution.
he perfectly competitive form maximizes profits by producing 10 units of output. At what price does it sell these units.
Elucidate how many workers the firm should hire for different values of the wage rate in order to maximize profit.
Elucidate the effect of capital formation by comparing the present times and ten year in the future for thtwo economic.
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