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A student mixed a solution of aqueous calcium hydroxide with a solution of phosphoric acid. A precipitate developed.Show the net ionic equation for this system. Identify any spectator ions present in the system.
Diminishing marginal productivity of capital. Change of saving rate and shift of savings-investment function Change of population growth rate and shift of breakeven investment function.
Describe how the current organ donation system in the United States leads almost inevitably to an illegal market for organs.
Why are economists concerned about the understanding or overstating potential GDP and what factors might have led potential GDP to rise in the late 1990s?
A mechanical engineer who is anticipating paying for his daughter's college education plans to start depositing money now(year 0) and continue through year 17. If he deposits $ 5000 each year
Assume world oil supply is 71 million barrels per day at a price of $54 per barrel. Suppose that if the price per barrel of oil increases to $56 per day, then 82 million barrels of oil will be supplied.
Assume WataDine, as a typical restaurant in the city, is currently producing the profit-maximizing output level, and earns positive short-run economic profit.
Why is advertising prevalent in many oligopolies, especially when industry demand is inelastic. Illustrate your answer by assuming that with advertising, a firm's demand curve has price elasticity of -1.5 and without advertising, it is -2.
Identifying Factors that affect Demand and Production Forecasts - Macroeconomic variables that might impact demand and/or supply in the industry
Determine autonomous consumption expenditure, autonomous investment expenditure, and the marginal propensity to consume.
Compute the price elasticity of demand.
What is profit here? What is expression for Price, Pi?- What factors determine the price that is optimally set by the firm?
Assume the consumption function is given by C=200+0.5(Y-T) and the investment function is I=1000-200r, where r is in percent. G equals 300 and T equals 200. Find the equation for the IS curve (hint: use the formula for equilibrium Y = C + I + G and t..
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