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According to the World Bank’s Mind, Society, and Behavior, which two economists are associated with the removal of psychological factors from economics generally and from “making predictions about market outcomes” in particular?
Suddenly, 20,000 people immigrate from abroad and initially settle in the West. Elucidate why they possess the same skills as the native residents and also supply their labor inelastically.
Include the circumstances of the proposed monopoly and the reason the government stepped in. Predict what would have occurred had the monopoly succeeded.
Assume Doughnuts R Us chooses to produce 150 doughnuts. What is the number of doughnut shops in the market.
Assumes that wheat producers lobby the government for a price floor also receive one.
What changes in sales would you anticipate if you were manager of a Dodge/Plymouth franchise. What is each firm's marginal revenue.
Utilize the sticky-income theory of cumulative provide to explain illustrate what will take place to o/p also the price level play in this adjustment
Sketch the extensive form of the game, carefully labelling the players that move and the actions they have available
If/when the proper research is done businesses can maximize profits while developing new products as well as promote their current products in the most advantageous of ways.
suppose that the interest rates in the u.s. and germany are equal to 5 that the forward one year value of the euro is
Assume , at its present rate of output, a perfectly competitive firm's marginal revenue exceeds both its marginal cost and its average variable cost. To maximize profit, the firm should.
q1. would you expect firms in a tight oligopoly market reap higher profits than firms in a loose oligopoly market?
Now suppose that the interest rate falls to 50 percent, and the household decide not to borrow or lend at all. Is the household better off or worse off with the higher interest rate?
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