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a. Is the demand for table salt elastic or inelastic? Why?
b. Is the demand for stereos elastic or inelastic? Why?
Determine which system, socialist or capitalist, feudalism or mercantilism, works better? Explain your reasoning? Also, which type of business gives the owner highest protection or the most incentive to succeed?
suppose that the economy is currently at potential output. also suppose that you are an economic policy maker and that
Jim enters the town and makes a factory, which is employed by the locals. Every worker in the factory works on one machine and is able to produce 6 shirts per hour. The cost of running the machine is half a loaf of bread per hour, the cost to empl..
1. pritchett and summers argue that income per capita is strongly and positively related to health status when viewed
How many minutes will the average consumer spends travelling to another ATM machine and what is the resulting non-pecuniary price of an ATM transaction?
a number of legal firms now offer services on the internet.1. in what respects does the market for legal services such
So I am wondering if any of you over achievers have any advice for me. Specifically I am wondering - what else can I be doing to make my resume' more attractive?
samsung electroincis and lg electronics - two south korean digital product makers - recently announced plans to
economists agree that increasing aggregate demand is the most expedient way to get the country out of a recession.part
what effect should each of the following have upon the demand for portable music players in a competitive market?
in a dramatic episode discussed in chapter 4 the money supply fell 28 percent from 1929 to 1933 which some economists
Assume that the market demand for bus rides is given through Q=420-30P and market supply of bus rides is given through Q=30P, where Q is bus rides each week in thousands
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