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Determine the four supply factors of economic growth and also find the demand factor? What is the efficiency factor? Illustrate these factors in terms of the production possibilities curve.
Explain how much is spent on bus rides. What is consumer surplus in dollars at this equilibrium. How much is the total benefit in dollars from bus rides.
Elucidate why the Aggregate Supply curve becomes increasingly steeply sloped at levels of RGDP.
Elucidate whether you would draw an aggregate demand or aggregate supply diagram and predict what shift each situation would cause.
Find out the optimal weekly output and price of this firm. Find out the weekly profit from the production and sale of this product.
Discuss market trends that General Motors organization/industry will face and address(discuss) how their prices and technology will change or will not change, and why.
When a recession is over, do people begin to immediately feel the effects of an efficient economy? Use the experience of the most recent recession to justify your answer.
Suppose a monopolist with cost function C (Q) = 3Q selling to 2 segments of consumers where Q is total output produced by the monopolist in both markets. If the monopolist can use a single two-part tariff, compute the two part tariff that will maxim..
In the model of a dominant company, assume that the fringe supply curve is given through Q = -1 + 0.2P, where P is market price and Q is output. Demand is given by Q = 11 - P.
Draw a diagram describing autarky and a pattern of comparative advantage for your example.
The production possibilities curve is an important model of how much an economy can produce given resources & technology.
Assume that demand for oranges is given by the following Equations, with quantity measured in oranges a day and price measured in dollars per orange.
Then the image of a company goes up as graduate students use theorganizations products." Does such action square with a company's objective of profit maximization
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