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If the on-campus demand for soda is as follows:
Price (per can) $.025 0.50 0.75 1.00 1.25 1.50 1.75 2.00
Quantity demanded (per day) 100 90 80 70 60 50 40 30
and the marginal cost of sullying a soda is 50 cents, what price will students end up paying in
(a) a perfect competitive market?
b) a monopolized market?
q1. a firm in a purely competitive industry is currently producing 1000 units every day at a total of 450. if the firm
Explain, in your own words, what a "store within a store" is. Provide 3 situations where this could work. Explain the logic behind your decisions.
Based on your answers in a also b, how can you reconcile the president's statement with economics. Can you suggest how his statement could be modified to be consistent with the IS-LM model.
q1. what would you cite as examples of government improving market outcomesin recent economic history of the united
Is it ever morally acceptable to use lethal force (ex. pressure cooker bomb) against as civilian who is oppressing you politically and economically but is not life threatening your life? why or why not?
terrorist attacks on the World Trade Center and the Pentagon affected short and/or long-term productivity in the United States. Explain your response and show any movements in the PPF.
topic insurancesteve has taken an insurance policy to cover his 1940 house. at the time of application the insurer
We do, however, have free trade in corn, which is fermented and distilled to make ethanol, and accounts for approximately 55% of the cost. Elucidate the effective rate of protection on the process of turning corn into ethanol.
Total transactions deposits in the system are $100 billion. If the Federal Reserve wishes the money supply to increase by an additional $20 billion, the Federal Reserve could: How do I get that answer?
A group of investors is thinking about buying a ticket also sharing the proceeds if they win. The organizer offers the following deal.
What has been the effect of longtime rent control in New York City? Why were controls initially imposed and why do they persist to this day?
What is opportunity cost of producing one more bushel of wheat in US. Which country has a comparative advantage in winter hats.
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