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Q1. Consider the supply curve Qs = 4P. What happens to the price elasticity of supply along the curve as the quantity increases?
Q2. Show the following changes in your T accounts:Bank 411 "loses" $3 million of its checking deposits and to money market accounts at Shadow Bank 411i. Assume Shadow Bank 411 has a "checking account" at Bank 411Shadow Bank 411 buys $3 million more securities in the market and "pays" for them with its account at Bank 411. Bank 411 borrows $3 million more as a first response.
From an economic perspective, reprocessing is a money loosing proposition since we derive negative profits from it.
Assume the Bills have the chance to offer a season ticket that is good for all eight home games, a partial season ticket that is good.
In The Case of the Unequal Opportunity, the companys workplace equity policy is clear. In your opinion, which paradigm does the company use to manage diversity
what should you do when the manager of a perfectly competitive firm whose short run cost is TC = 100 + 160Q + 3Q2. If the market price is $196.
Now suppose Alex's income increases to $1,500 per year. What is her new optimal consumption of x? What is her new optimal consumption of z?
Without using the midpoint formula, can you tell whether demand is elastic, inelastic, or unit-elastic over this price range.
Use your knowledge of the problems associated with asymmetric information to elucidate why insurance companies often include deductibles as part of their policies.
Should you make her an offer at the salary or continue the interviewing process. Explain
Compute the t-statistics for each variable and explain what is inferences can be drawn from them.
Estimate each of these alternatives from the perspective of economic efficiency, equity, and the likely long-term impact on the firm.
If I produce 20,001 copies my total cost will rise to $750.02, therefore my marginal cost of producing copies must be increasing.” Draw a graph to illustrate your answer.
Calculate the output level and price that maximizes total revenue.
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