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Q. Identify a natural or man-made disaster, e.g., 9-11, snowstorms of 2010, the Minneapolis Bridge collapse, Hurricane Katrina also then pick a small business that the disaster affected.
Q. Assume the demand function is Q xd = 100 - 8Px + 6Py B M. If Px = $4, Py = $2 also M = $10, Illustrate what is the cross-price elasticity of good x with respect to the price of good y?
Q. Fed's policies both in terms of the positive also negative consequences of such policies also in relation to the Keynesian also classical theories.
Explain how the reduction in supply from the reduced fishing waters will either increase or decrease consumer surplus and producer surplus.
Which among the equation will you choose for a better demand estimation. Illustrate answer in the language of statistics.
Explain how does the existence of money reduce the costs of making transactions relative to a society based entirely on barter.
How many popsicles will be sold/supplied each day in the short run if the price rises to $4 each per day
Health officials have suggested that the spread of AIDS can be partly contained if more males use condoms.
Illustrate what is the Accord's perceived relative advantage with respect to reliability.
Write down the profit maximization problem of the representative firm. What is the new short run equilibrium price and production.
Write out the payoff matrix for this game, and then find its Nash equilibrium.
If you fail to make your payments to TV Land, do they have a claim to your Calculate. Does TV Land or Calculate Land have to file a financing statement.
change if buyers pay $8 every unit to the intermediary but sellers offer to rebate part of that expense to buyers.
Illustrate what would happen if too more labor is hired without an addition to capital. Elucidate using economic terms.
Some economists have suggested that the best way to control medical costs is to remove the profit incentive for health care providers, particularly hospitals.
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