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Harry, Ron and Hermione are the only students selling Gryffindor badges at Hogwarts. They are arguing over how much to sell and what prices to charge. Ron wants to make the most money, while Hermione want to sell as many badges as possible without losing any money. Harry wants to book the highest number of sales. They approach you to resolve their dilemma. Show the possible P-Q suggestions you would make to satisfy each of these three scenarios on a single diagram depicting their demand and cost curve (s).
Draw a graph with “hours of typing” on the horizontal axis and “hours of filing” on the vertical. Do your indifference curves slope upward or downward? Why? Suppose you currently type for 3 hours a day and file for 5, but you’d be just as happy typin..
Market demand is Q = 335 - p and the firms play Cournot. What is the Herfindahl-Hirschman Index of the industry?
How does government implementation of Keynesian fiscal policy seek to reduce fluctuations in the business cycle, and how does this view differ from economic thought prior to the Great Depression?
Consider a closed economy and a small open economy. Derive the goods market equilibrium for each economy numerically and graphically. Be sure to explain what you are doing.
The role and importance of international business for national economies - Harvard reverencing. international trade pattern.
Mike travels to Munich, Germany, and spends $25 cash in a beer garden. General Motors sells $500,000 worth of Chevrolets to a French car dealer
Debate the title of the article - Is Social Media Sabotaging Real Communication Support your stance with research by providing at least one APA reference
When the Fed buys government bonds,
Suppose that Mr. J ustin Bieber deposits $5,000 in his checking account at Santa Monica Bank. How does this transaction affect the monetary base? Show the T - accounts for Mr. Bieber, the bank, and the Fed.
The vehicle of choice most often for a U.S. investor who wishes to exercise a measure of control over its foreign investment is a(n): a. interlocking directorate. b. investment trust. c. joint venture. d. all of the above.
Why are fixed and variable cost useful for estimating costs in a factory production line? How do u find fixed and variable cost? (the difference between the two)
Suppose that the manager of a firm operating in a perfectly competitive firm has estimated the firm’s AVC function to be: Determine the firm’s supply curve. What should be the industry price for the firm to produce 400 units of output in each period?
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