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Suppose the minimum wage were increased sharply. How would this affect the equilibrium prices level and output level in the model of aggregate demand and aggregate supply in the short run? In the long run?
q.a friend of yours is considering two cell phones service providers. provider a charges 120 per month for the service
Need real life examples of how strategic flexibility and real options work.
Indicate whether each of the following statements describe a perfectly competitive firm, a monopolistically competitive firm, and/or a monopolist. A firm is producing at the output where MR equals MC and charges the price according to the consumers’ ..
Suppose that a store’s management is considering a plan in which customers who donate blood get a $20 gift card. If both store REVENUES and blood donations (i.e., number of pints donated) rise with this plan, which of the following is true? Be sure t..
Use what you observed to estimate: a) daily and monthly revenue of this business (You may make reasonable assumptions of peak and off-peak hours/seasons).
The following graph shows the market for loanable funds in a closed economy. The upward-sloping orange line represents the supply of loanable funds, and the downward-sloping blue line represents the demand for loanable funds.
Suppose someone says that a relatively small percentage of Americans own a large percentage of total assets and that therefore the government should redistribute wealth to those less fortunate. Which part of that statement is normative and which part..
Can you suggest any way of using economic forces to determine prize money?
q1. in your opinion in your own words should the united states lead globally? explain why or why not?if yes illustrate
Kelly tells Jimmy she will pay him $1,000 if he builds a shed in her backyard. Kelly is a(n) Livewire Company and McCoy's Candy, Inc., sign a document that states Livewire agrees to design a Web page for McCoy's, which agrees to pay for the service. ..
q.the long-run average cost curve for a firm in an industry isatc 10q2 - 50q 100 as well as its marginal cost ismc
Consider the real inter temporal model with investment now focus specifically on the representative firm in this model. What does the representative firm maximize in this 2-period model? Use words and symbols. State one of the firm's three optimality..
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