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What effect, if any, would each of the following have on the short-run average (ATC, AFC, AVC) and marginal costs of an auto dealership:
a. Auto mechanic receive a 10% wage increase
b. A property tax decrease
c. Auto dealers institute a onetime promotional campaign
Assume the subsequent data describe o/p in two different yrs. Compute nominal GDP in every yr.
If nominal output is $5.28 trillion also the GDP deflator is 20 percent higher than what is the output in the base year other than real output.
Suppose the government decides to raise the gasoline tax as a way of reducing air pollution and traffic congestion to their optimal levels. Which of the following describes why Pigovian taxes, such as gasoline tax, are unlike most other
What is the definition of absolute price?
Presently, at a price of $1 each, 100 popsicles are sold per day in the perpetually hot town of Rostin. Consider the elasticity of supply.
Calculate the expected utility of each project according to this criterion. (c) Is this individual risk adverse, risk neutral, or risk seeking?
Explain why general level of wages is high in United States and or industrially advanced countries.
Analyze these indicators and prepare a 3-4 page report elucidate the expected short-term impacts on firms in any one of the following five industries in terms of product sales.
Elucidate the reason Explain why a competitive firm should stop producing immediately if the price is lower than the average variable cost.
The 2001 recession ended in November 2001, but the perception of "bad economic times" lingered into 2002 and 2003. What evidence do these graphs provide concerning the lingering perception of a recession.
Drugs, Inc. recently received approval from the Food and Drug Administration for its new supplemental drug application for a 300-milligram tablet of an antiplatelet treatment. The company invested $170 thousand in the research and development fund fo..
Elucidate what economic, political, and cultural factors do HR managers need to consider when sending employees to work internationally.
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