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Q1. Explain the effects of the increase in global demand for cell phones on the market for cell phones and on an individual cell-phone producer in the short run?
Q2. Suppose you purchase a three year, 5% coupon bond at par and held it for 2 years. Throughout that time, the interest rate falls to 4%. Calculate your annual holding period return.
Q3. Economists argue that the move from barter to money increased trade and production. How is this possible?
Elucidate an example of a microeconomic and macroeconomic phenomenon. Would you give an example of a microeconomic decision you have made at home or work.
Flora's Flowers operates in a perfectly competitive market. At the point where marginal cost equals marginal revenue.
Make sure to make available examples of real world to strengthen your position of wherever this might be case
All farmers in Trivialand are self - employed and sell all of their wares to Super Duper. Elucidate the costs incurred by all of Trivialand's busines.
Open a pizza restaurant and is considering either selling the bonds and using the 100,000 to start his restaurant or borrowing the 100,000 from a bank which would charge him an annual interest rate of 7 percent.
Suppose a firm pollutes a stream that has a recreational value only when pollution is below a certain level. If transaction costs are low.
Explain the logic of the Ricardian view of government debt and evaluating its practical relevance.
At present, the original manufacturer is deciding either they should continue production of toy truck.
If Frank's salary as a sales manager was $70,000 instead of $100,000 would your answer be different.
These 3 basic trade-offs include which goods or services are to be created, how to create them, also who gets them.
Economic surplus could be increased at a higher price because firms would generate more revenue.
What is the deadweight loss if buyers, instead of vendors, are required to pay the tax of $4 for each unit of the good sold.
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