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Suppose you own a store that sells computers. You have determined that the demand function for your computers is Qd = D(P) = 900 - 3P. At what price would you sell the computers if you wanted to sell 60 of them?
Imagine the number of unemployed is 6,135 and the number of employed is 27,433. Then, 3,225 people that were considered unemployed become discouraged and stop looking for a job. What would be the change in the unemployment rate as a resul of this?
Find the consumers' surplus and the producers' surplus at the equilibrium level for the given price-demand and price-supply equations.
Entering international markets has become a priority for many companies even in the US, which has a large domestic market? Is having a strategic alliance with foreign companies a better alternative to simply appointing distributors and dealers abroad..
Which of the following would lead to a decrease in the money supply? Currency held by the public.
At this level of pollution, what is the marginal cost of pollution control.
What are definitions for Social Democracy, Communism, Mercantilism, Institution, Informal Institution, Formal Institution?
Certain politicians constantly make the argument that we should raise taxes on corporations rather than individuals. What is wrong with this argument? What is meant by "the double taxation of corporate profits"?
What is the difference between intra-industry and inter-industry trade? Generally, trade in primary goods involves intra- or inter-industry trade?
Which of the following is true regarding the duty of an attorney? An attorney: should reveal a client's confession of a crime as well as a client’s intention to commit a crime such as murder in order to prevent its occurrence. cannot represent a guil..
Describe the cost function and explain the difference between a short-run and a long-run cost function. Describe the elements of a cost schedule which can be derived total, fixed, and variable costs. Compare and contrast the short-run cost function a..
Pragmatopia will achieve this growth rate, while reducing carbon intensity as the most successful reducer of carbon intensity has done. Does Pragmatopia have rising or falling carbon emissions?
If all firms, existing and potential new entrants face decreasing industry costs in the long run under perfect competition, the industry supply curve will:
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