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The labor force in country XYZ is 10,000,000 and the number of employed is 7,000,000. Calculate the number of unemployed and the unemployment rate.
The Cold War was about 'Brink Events', incidents which took the world to the brink of nuclear war. The East-West confrontation over Berlin and Cuba were both brink events which could have resulted in global destruction, but actually had the effect of..
The marginal cost of a monopolist is given by MC (q ) = 2 + 2q while market demand is. What is the competitive market equilibrium? Find social cost of monopoly. What is the prot-maximizing level of output and price?
Which of the following can occur as a result of advertising in a monopolistically competitive market? Check all that apply.
The Energy Policy Act of 2005 mandated increased biofuels and raised ethanol subsidies.
Suppose you are given the following information about a particular industry: QD = 6500−100P is Market demand QS =1200P is Market supply C(q) = 722+(q2)/200 is the Firm's total cost function. Suppose the long run total cost function is given by C(Q)=6..
Find the cournot equilibrium price, quantity, reaction function, profit function, profit & show graphically the cournots Equilibrium.
Change is important but requires close check by the managing team. What is its important and effect on organization.
"There is no difference between demand pull and cost push inflation since either will result in inflation." Do you agree? Why or why not? Be specific and limit your response to one paragraph.
An article in the Chicago Tribune stated that in 2007, college costs rose faster than inflation and student aid. A report by the College Board found that average in-state tuition and fees at four-year public universities rose 6.6% to $6,185. What wou..
What would the excess reserve be for the problem below? Devry Bank has $44,000 in demand deposits and $15,000 on total reserve with a 10 percent (i.e. 0.1) reserve requirement. How much can the bank loan out or what is the excess reserve? What’s the ..
Original owners must sell their used cars. Original owners know what their cars are worth, but buyers can't determine a cars quality until they buy it.
If they display 10, what is the probability that 4 are red and the rest are silver? 7 are red and 3 are black, and all 8 red are displayed?
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