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Can the tutors help me to understand how contra-revenue accounts work by providing examples of such accounts?
The supply and demand for foreign -exchange is considered to be derived schedules. Explain and give examples.
Find GM's profit maximizing output and price. Find the annual profit generated by light trucks
The Rainbow Point Manufacturing Company has a varied product line. One of their products is latex paint. Rainbow can manufacture the paint at an annual rate of 8000 gallons. Analyze the problem for economic production (inventory) quantity, cost, and ..
what is the profit-maximizing price of e-books relating to do-it-yourself topics? At the profit-maximizing quantity, what is the average total cost of producing e-books?
Suppose the government increases spending by $100 billion as a stimulus package. If the MPC is .6 the equilibrium income will: Assume that M is $500 billion and V is 5. If there is a 10 percent increase in V, then, according to the monetarist equatio..
Consider a production function of the form Y = AF (K, N, Z), where Z is a measure of natural resources used in production. Assume this production function has constant returns to scale and diminishing returns in each factor. What will happen to outpu..
Suppose the price elasticity of demand for heating oil is 0.2. If the price of heating oil rises from $1.80 to $2.20 per gallon, what happens to the quantity of the heating oil demanded? use the mid-point method.
The machine produces 500 pieces each year. Using an annual interest rate of 7%, what is the cost per piece produced?
The demand for cars in Home is q = 30 – P and the supply of cars in Home is q = P. The demand for cars in Foreign is q = 10 – P and the supply of cars in Foreign is q = P. Calculate the autarky equilibrium price and quantity in each country. Who is t..
What is Bitcoin and why does it have value? Is Bitcoin money? Explain why it does or does not satisfy the three conditions it must meet to be considered money.
What are your thoughts on the proposition that capitalism may be appropriate for the United States and other industrialized nations, but a different economic structure might be more appropriate for poorer nations?
Involuntary unemployment at this wage. If so, how much. Illustrate with a diagram. What if minimum wage is set at 40,000.
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