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Q1. Supply and demand for good are given as follows: p = 1000 - 1.5Qd P= 60 + 2.5QS
Illustrate what is equilibrium quantity? Illustrate what is equilibrium cost?
Q2. If 1 additional server increases the number of meals sold by 4 per day and each meal sells for $10, each additional food server will be paid?
Q3. Inflation is not possible under the gold standard. Is this statement true, false, or uncertain? Explicate your answer.
Q4. One way insurance companies reduce adverse selection problems is by offering group medical coverage to large firms and requiring all employees to participate in the coverage. Explicate Explain how this reduces adverse section?
q. assume that capital goods are on the vertical axis of a production possibilities graph and that consumer goods are
q.social regulation is undertaken with the intention of improving the quality of life. the agencies most people are
Illustrate what will be the long run market equilibrium price also output. Elucidate how many mills of Illustrate what type - new or old - will survive.
Assume this technology becomes widely adopted throughout the country by manufacturers of all types. Elucidate what impact would the Universal Replicator have on the economy.
Calculate the profit maximizing labor demand and the resulting wage paid for the monopsonistic firm. Calculate the welfare loss compared to the competitive outcome.
Why do you think the FED evaluates the money multiplier when making decisions with regards to the money supply
Illustrate what are the monopolist's profit-maximizing price and total output.
Illustrate what happens to the demand for beer if the price of soda falls by 2%. What happens to the demand for beer if consumer income rises by 5%. Be specific.
Illustrate what means do they use to hedge against exchange rate risk. Using this information.
Reduce labor market rigidities. What can be wrong about joining forces and adopting a common currency? The euro is obviously good for Europe.
q1. jane wants to buy a beautiful doll as a gift for her sisters birthday. she knows that the same product is offered
Suppose the government decides to increase taxes by $40 billion in order to increase Social Security by the same amount. Explain how will this combined tax-transfer policy affect aggregated demand at current prices.
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