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Question: What are some of the opportunities and challenges facing business in Auckland (i.e. population change, changes in demand and supply, trade opportunities, production opportunities) due to the Covid-19 pandemic. present evidence using economic tools and theory on several opportunities and challenges have been facing and discuss some potential implications and solutions to these
Donna buys goods X and Y. She can just afford the bundle X = 6 and Y = 11. She can also afford X = 12 and Y= 8. Each of these bundles exhausts her income. Draw Donna’s budget line. What is the ratio of the price of x to the price of y?
The component of Planned AE (the quantity demanded of GDP) MOST sensitive to a change in interest rates is....
During the Second World War, Germany's factories were decimated. It also suffered many human casualties, both soldiers and civilians. How did the war affect Germany's production possibilities curve?
Why are the factors that shift the demand for a product different from the factors that shift the demand for labor? Why are the factors that shift supply of product different from those that shift the supply of labor?
Describe how supply and demand affect the price of a product.
suppose at the current level of labor used the mrp 100 and the mfc 50. to maximize profits the firm shouldadditional
Why is it likely that in the next 10 to 15 years there will be a decrease in the supply of loanable funds?
Suppose the competitive market price is $50, and a competitive firm’s total costs = 5q2 - 10q + 150 and marginal cost = 10q - 10. What is the market equilibrium price? Should the competitive firm produce q*? Explain why using one of the four key ques..
In an indifference curve analysis, it is impossible for the quantity demanded of one of two goods to be equal to zero?
What are some differences between Transaction Processing Information Systems and Management Information Systems?
Suppose you hired Janet, a real-estate agent, to help sell your house at the best possible price. As compensation, Janet will receive 3% of the selling price. Suppose Janet can sell the house in a few days by putting it on the market at $240,000, or ..
Does public education generate externalities? How could government internalize externalities arising from the provision of public education?
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