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Why is a vending machine, which requires payment for each snack purchased, used to sell snacks, while a newspaper can be sold out of a box that allows anyone to take more than one paper?
Why are companies using more technology input while reducing labour input. Why are Average Cost Curves U-shaped. Illustrate what is Law of Diminishing Returns.
If Sammy refuses to contribute to the butterfly garden, he'll not be able to enjoy its benefits if it is built.
How would each company determine the location of their facilities? List the specific needs and requirements of each company when determining location.
The manager of a corporate division faces the posibility of an audit every year. She prefers to spend time preparing if she will be audited; otherwise, she would prefer to invest her time elsewhere.
Find out the equation for the linear supply curve which fits this information. What would the new equilibrium price and quantity be if supply were to increase by 20%.
The Fed announced in April 2011 to it will continue the ‘quantitative easing' by completing the purchase of government securities by the amount of $60 billion.
Elucidate how much income did this represent for each of the 300 million U.S. citizens. Illustrate what was the largest GDP decline in a postwar U.S. recession.
Forecasters predictions of inflation are notoriously inaccurate, so their expectations of inflation cannot be rational.
Illustrate what difference will it make to Sony pricing if clients have now become dissimilar?
A young physician makes $180,000 per year with an annual salary increase of 2%.
Elucidate how does that fact that many goods are non traded affect the extent of possible gains from trade.
What are price indexes designed to measure. Outline how they are construed. When GDP and other and other income figures are compared across time periods.
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