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If you could please explain and solve these it would be appreciated:
Q1: draw a supply and demand graph where the demand curve is more inelastic than the supply curve. Who would pay (carry the majority of the tax incidence) the majority of any tax created in this market.
Q2: draw a graph showing the long run equilibrium for perfect competition.
draw a graph showing a long run equilibrium for monopolistic competition.
Q4: if both markets (in Q2 and 3) had the same cost curve what can you conclude about cost of production, price and output?
What is the goal? (The purpose for this money ultimately), What is your time horizon? (When will you need to access these funds)
Describe three ways in which the Federal Reserve can change the money supply.
the widget industry in springfield is competitive with numerous buyers and sellers. consumers dont differentiate among
Analyse the short and long run impacts of an expansionary monetary policy, within an AD-AS (aggregate demand/ aggregate supply) model on each of the following economic variables.
Some recent studies indicate that nine out of ten employers observe the electronic behavior of their employees, from tracking their Web-surfing habits to implanting GPS tracking chips in their arms. Discuss whether managers are justified in mon..
The City of Rochester is thinking of expanding its airport. The expansion will increase travelers' consumer surplus by $100 and airlines' producer surplus by $200, while costing taxpayers only $50. However, the expanded airport will be much noisier.
The initial cost of a pickup truck is $12,975 and will have a salvage value of $3,622 after five years. Maintenance is estimated to be a uniform gradient amount of $134 per year, with zero dollars for first year maintenance.
If the marginal product of capital net of depreciation equals 10 percent and the rate of population growth equals 2 percent what must be the rate of technological progress for the economy to be at the Golden Rule steady state
conduct research online of the various strategies used for marketing products and services in the online environment
Find one example in the article of any one of the following four possible shifts of supply or demand: Leftward shift of the supply curve; Rightward shift of the supply curve. Leftward shift of the demand curve; Rightward shift of the demand curve.
Labor and other operating costs are es- timated to be $35,000 per year over the study pe- riod of 5 years. Salvage is estimated at 10% of first cost and i = 12% per year. Neglect the element of availability (a) to determine the breakeven quantity,..
True or False and explain. If the slope estimate in a simple regression is zero (that is, β1(hat)=0), then the average of the dependent variable must be equal to the intercept estimate.
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