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The citizens of Balaland used to pave 120 miles of roadways each year. After government of Balaland start paving 100 miles of roadways per year itself, the citizens cut back their paving to 30 miles per year, for a total number of roadway miles paved per year of only 130 miles. What might be happening here?
Using indifference curve analysis, explain and show graphically the effects of higher gasoline prices on:
Elucidate the economic cost of most international trade less than the economic benefit of that trade for both the companies and countries.
In national income accounting identity showing the equality between national saving and investment, what is the representation of private saving and what is the representation of public saving?
As Burger King continue, expand, or reduce current operations in order to maximize profits. Explain your reasoning.
What is the profit-maximizing price for this firm? On the graph show the area, which area represents the net loss to society resulting from the monopoly power conferred by the patent?
In which direction would international investment flow in response to these real interest rates. Illustrate what impact would these investment flows have on the dollar exchange value.
The demand scheme for the product created by a monopolist. Quantity demanded Price Total revenue Marginal revenue Price elasticity.
My scenario is where I am going to open restaurants in China. One in Shanghai & one Beijing.
Now assume that these outputs comprise all of GDP. Keeping 1992 as the base year, Elucidate the GDP deflator for 1993.
A rise in corporate income taxes increases the investment in physical capital for any given interest rate.
Marginal productivity can be divided into three ranges: Increasing marginal productivity; Diminishing marginal productivity; and Negative marginal productivity.
Describe the major factors that affect the degree of competitiveness in the semiconductor industry.
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