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Using simple supply and demand analysis, think about the system of allocating human kidneys, we have two kidneys but should be able to live with only one. The law that forbids the sale of kidney's and other human organs, allows their voluntary donation. This means that there is a bigger shortage or excess demand than there otherwise would be. What is your view of the law forbidding the sale of human organs?
What about the sale of blood? Is this different? How so?
Imagine that you borrow $5,000 for one year and at the end of the year you repay the $5,000 plus $600 of interest. If the inflation rate was 4%, illustrate what was the real interest rate you paid.
Over the past year price inflation has been 10% but the price of a used ford escort has fallen from $6000 to $5000. The real price of a ford escort has fallen by Elucidate how much.
full over the last month, are you optimizing. Illustrate wow about if it is 75% full at 9 am.
Find out the equation for the linear supply curve which fits this information. What would the new equilibrium price and quantity be if supply were to increase by 20%.
Based on the information conveyed by the demand curve expressions, how would you explain the price difference between the two meals.
In a few sentences, what effect does the current supply and current demand have on this product.
Calculate the Golden Rule level of capital per effective worker and the saving rate associate with this steady state.
What adverse effects on the domestic economy may follow from (a) a depreciation of the exchange rate and (b) an appreciation of the exchange rate.
Find the mean and standard deviation of team payroll for the 14 American League and the 16 national League teams.
what combination of coal-fired plants and gas-fired plants would minimize construction costs.
It is a hot day also Bert is thirsty. Here is value he places on a bottle of water.
The demand for MICHTEC's products is related to the state of the economy.
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