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Draw a clearly-labeled diagram showing two supply curves for avocados: one for December and one for January as described by Mr Allen
A producer produces good y using inputs x1 and x2 according to the production function y = x1^(alpha)x2^(beta) where alpha + beta
An office has traditionally ordered ink refill 60 units at atime. it is estimated that the carry cost is 40 of the $30 unitcost the annual demand is 240 units and ordering cost is 40 perorderinstead, if it used EOQ how much money can be saved in a ye..
assume that demand for a commodity is represented by the equation p 10 - 0.2 q d and supply by the equation p 2 0.2
Illustrate what should the Fed do in inflation continues to fall and eventually starts to become deflation.
In particular, suppose the US trades Canada half of its production for half of what Canada produces? How many additional shirts will the US have adter the trade? How many additional boots?
Suppose that a market basket of two goods is changed by adding more to one of the goods and subtracting one unit from the other.
A country opts for free trade while some workers remain unemployed in the import-competing sector. WHY? Given real wage rate in Thailand is higher than Bangladesh
These schedules reflect the fact that, prior to the period we're examining, decisions makers entered into contracts and made choices anticipating that the price level would be P105.
An industry consists of three firms with identical costs C (q)18q +q2. What is the industry equilibrium (price, output and profits) if the firms have Cournot beliefs?
Which of the following industries is most likely closest to achieving perfect price discrimination? Which of the following is an example of a natural monopoly?
Suppose that ranchers can buy up to a collective total of 200 cows and run them on the open range. The value of each cow after it has grazed is given by V= $2000-10C, where C is the total number of cows on the range.
Find the effect of free movement of labor from Home to Foreign on employment, production, real wages, and the income of landowners in each country.
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