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Mustard and mayonnaise are substitutes. Mustard and relish are complements. Mustard is a normal good. During the summer, about 50% of all mustard was recalled by manufacturers and removed from store shelves.
As a result of the recall, you would expect that
1. the supply of mustard would decrease, the price of mustard would increase, and the demand for mustard would decrease.
2. the price of mustard would increase, the supply of mustard would increase, and the quantity demanded of mustard would decrease.
3. the supply of mustard would decrease, the price of mustard would increase, and the quantity demanded of mustard would decrease.
4. the price of mustard would increase and both the quantity of mustard supplied and the quantity of mustard demanded would increase.
What happens to the profits of boat makers in short run. Illustrate what happens to the number of boat makers in the long run.
Elucidate how the equilibrium quantity for the representative firm on the same graph.
The interest earned is deposited back into the sacinvgs account each month. How much is this account worth 28 years? Answer to the nearest dollar.
Suppose that in year 2008, the money supply is $400 billion, nominal GDP is 9 trillion, and real GDP is $4 trillion. Illustrate what is the price level. What is the velocity of money.
Elucidate how events such as the World Trade Center and Pentagon attacks described in the case study affect the aggregate demand curve.
Elucidate Illustrate what you can do, if the best technology was used to produce the components of the system.
Illustrate what books and information sources would you recommend to read if i am working on research about decision making under risks.
Elucidate how much does the gardener receive. How much does the customer pay. How much does the government receive as tax revenue.
whenever the same efforts must be made to uncork also pour both bottles.
The commercial banking industry in Canada is less competitive than the commercial banking industry in the united states
Do injured parties acting ethically when y promise to keep quiet know Illustrate what can happen to hundreds of unsuspecting consumers.
Explain how markets in perfect competition differ from markets that are imperfectly competitive. Illustrate what role does firm have in determining market price under each condition.
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