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What happens to the supply of plastic toys as the price of petroleum (used in the production of plastic), increases?
a. supply decreases
b. quantity supplied decreases
c. supply increases
d. quantity supplied increases
One economist has observed that by age 20, the cognitive and non-cognitive skills of people are set in such a way that those who are not good at learning new skills or concepts cannot be helped much by education or training programs. Assuming this ob..
The area-dependent cost of a solar energy system is $175/m2 and the area-independent cost is $3, 350. The down payment of the initial expenditure is 25% and the rest is paid in equal installments over 20 years at an interest rate of 7%.
Based on the type of business the organisation does/is, what would be the best way to either introduce or improve its mobile Web site?
Quantify cost savings associated with a cost-effective abatement allocation that could be achieved through trading. Illustrate what price must each tradable permit be set to achieve cost-effective solution.
Then make an argument for why the government may still prefer using the other approach.
Estimate the strength of your bargaining position for each option. Which of these would be the most advantageous.
There are several different types of yield-curve theories. What are the implications for investors and public policy of each yield-curve theory?
Would interest exist in a pure exchange economy where no production occurred? Explain. Briefly contrast the static and dynamic views of monopoly and the policies appropriate for each.
Explain a way that your family interactsin factor market and a way that it interactsin products market. Discuss how circular flow relates to current economic situations.
President Alcazar announced an increase in the labor subsidy given to firms to try to boost employment and GDP. The subsidies received by a firm are in proportion to the number of workers it employs, that is equal to s N, where s is the subsidy rate ..
The United States has gone through a prolonged recession since 2007. How has this economic crisis affected the position of the United States in the global economy?
Two identical firms compete in competition (Cournot competition) in the same market where the inverse demand is P(Q) = 100 − Q. The constant marginal cost of both firms is 10. Find the best response function for each firm. (b) What is the Cournot (si..
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