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Given the TC=30000+4Q +0.0004Q^2 with a constant whole price $20/clock. What is the breakeven quantity, the profit maximizing price and quantity?
Describe supply and demand in the market for loan able funds and the market for foreign-currency exchange. How are these markets linked?
Compare the rationale of the Reagan administration for the 1981 tax reductions with the rationale behind the Kennedy-Johnson tax cut of 1964, the Bush tax cut of 2001, and the Bush tax cut of 2003.
Think of any financial innovation in the past ten years
Describe the Schumpeterian notion of "creative destruction"
Calculate gross national product and net national product
The law of demand states that other things equal
The vertical long run AS curve compatible with classical economics implies that AD only determines the price level
The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled
Draw a graph of the market for chewing gum. What are the equilibrium price and quantity? Mark the equilibrium price and quantity in the graph.
Air transport for businesspeople and tourists
Estimated regression equation for which quantifies the demand for Widget
Explain each of the following using supply and demand diagrams, With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.
Analyze the USA financial meltdown that happened in 2008-2009. This crisis was partially caused by the reward systems that were in place for participants in the financial system. Identify the major participants in the financial system.
How many tickets to sell to maximize total welfare.
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