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What would be the opportunity cost of going to school for $400 when you're next best options are working for $100 or doing nothing at all.
Give an example how scarcity of a product would have an impact on a macroeconomic and microeconomic level. Explain your rationale.
For many firms, production takes place in two or more different plants whose operating costs can differ. In this question you will be asked to set up a multiple plant monopolist optimization model and economically interpret the marginal condition
If you are the chief economist of a country experiencing high unemployment and flat GDP, what macroeconomic policies might you enact in response to these economic conditions? How would you expect these policy changes to impact the economy?
Compute the elasticities of demand for and supply of broccoli at the market equilibrium, and interpret the meaning of these numbers.
Illustrate what is your opinion, observation, or recommendation on this company. what are their shortfalls, how do they relate to other in the industry.
What is inflation? What are the causes of inflation? Is inflation desirable and what can be done to control inflation in a market economy?
suppose that the aggregate demand curve in a particular year is given by the algebraic expressionnbsp y 3000 1000p
in a simple economy people consume only 2 goods food and clothing. the market basket of goods used to compute the cpi
1-year T-bill rates are expected to steadily increase by 150 basis points per year over the next 6 years. Determine the required interest rate on a 3-year T-bond and a 6-year T-bond if the current
A representative company with long-run total cost given by TC =20+20q+5q2 operates in a competitive industry where short-run market demand and supply curves are given by QD = 1,602 - 40P and QS = - 400 + 20P.
Write a 700- to 1,050-word paper in APA format describing the effects of taxation and price controls on the economy.
Get Rich Company has to choose between two investment opportunities. Investment A requires an immediate cash outlay of $100,000 and provides after-tax income of $20,000 per year for ten-years.
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