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Under what condition is the long-run market supply curve for a competitive market perfectly elastic? Provide an example.
Discuss various competitive strategies market leaders can use. Give examples.
The initial cost of a pickup truck is $10323 and will have a salvage value of $3850 after five years. Maintenance is estimated to be a uniform gradient amount of $160 per year, with zero dollar for first year maintenance. The operation cost is estima..
For this assignment you need to evaluate one idea and how you would implement your stimulus strategy. Food for thought
Let the inverse demand curve for tennis classes is: P = 90 - 1.5Q.
The purchase of a used pick up for $14,000 is being considered. Records for other vehicles show that costs for oil, tires, and repairs about equal the cost for fuel. Fuel costs are $2500 per year if the truck is driven 10,000 miles. Use a weighted es..
In 2014, the average debt for college student loans is $28,700. This amounts to a $330 monthly payment for a “standard” loan repayment plan over 10 years. What monthly interest rate is being charged on this typical student loan?
What makes relative PPP a useful guide for predicting exchange rate movements over the long-run? Would this effect your incentive to cover your exchange rate risk? Explain
Write down the budget constraint of the representative consumer and Write down the maximization problem of the representative consumer and find labor supply
Calculate market demand and market supply. How this affects golden rule of capital per worker and golden rule of savings rate in so low model and explain your results.
But what determines the country's opportunity cost? Why German engineering is superior to other countries's engendering, for example?
Philip's quasilinear utility function is U=4q1^0.5 + q2. His budget for these goods is y=10. Originally the prices are p1=p2=1. However, the price of the first good rises to p1=2. discuss the substitution, income, and total effect on demand for q1.
Even those who were not directly affected by the destruction were hurt because businesses failed or contracted and jobs dried up.
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