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Supply and demand is the foundation of the market economy and the basis of the study of economics.
Why supply and demand is considered as factors that make market economies work? Why supply and demand drives the market economy? Provide an example of the role of supply and demand in business decision making.
What is the difference between a movement along and a shift of the demand and supply curves? What are the factors that lead to shifts in supply and demand curves?
Without government intervention, the market price moves to the level at which the quantity supplied equals the quantity demanded through the interactions of supply and demand. But governments intervene in the market now and then to control prices.
What are the market inefficiencies the price controls measures such as price ceilings and price floors create? Why do price ceilings and price floors lead to productive and allocative (marketing) inefficiency?
Who benefits and who loses from government interventions in markets through price control methods known as price ceilings and price floors?
Why price controls are used despite their well-known problems?each question less than 70 words straight forward answer .
Derive the HHI
Identify some of the costs (pecuniary and nonpecuniary) associated with the antitrust behavior - were the firms investigated for antitrust behavior?
Rick buys a 1966 Mustang for $3,000, planning to restore and sell the car. He goes on to spend $9,000 restoring the car. At this point he can sell the car for $10,000. As an alternative, he can spend an additional $3,000 replacing the engine.
Describe the economic meaning of a taste for discrimination and describe the different forms of labor market discrimination.
identify three companies that operate internationally and explore the possible sources of political risk for each of
What is the numerical value of the multiplier? What is equilibrium real GDP without investment? What is the multiplier effect from the inclusion of investment? What is the average propensity to consume at equilibrium real GDP?
If a bank has $100 million in deposits and $16 million in reserves with a reserve requirement of 0.15, (a) How much are its required reserves? (b) How much excess reserves does it have? How much can it lend?
relationship between confidence intervals and hypothesis testing?
suppose your local congress representative suggests that the federal government should not intervene in the baseball
An orange goes through four major steps on its way from grove to grocery store at the Sunkist Citrus Processing Plant in the southern San Joaquin Valley: washing, waxing, grading (inspection), and packaging. The facility's production technology can b..
Early this year, thousands of Americans flocked to Apple's outlets to purchase iPad 2 sold by iconic brand. Long queues snaked outside many of Apple's outlets dotted over the states.
We considered a model of stock price determination that leads to the conclusion that the price of a stock in the current time period is equal to the present value of the stream of future dividends. The model is based on the following assumption : s (..
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