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Explain what factors would increase the supply (shift the supply line to the right) of a manufactured product like white bread and what factors would cause a decrease in demand (shift of the demand curve to the left) for that same product.
Derive LM curve through one of the standard methods used in Macroeconomics. Be sure to label all axis and curves on your graph. Describe in writing to what your derivation brings equilibrium and how it accomplishes this.
Use the following information for a perfectly competitive firm and the profit-maximizing input-combination rule to identify how many workers firm will employ to maximize profits.
If all the assumptions of perfect competition hold, why would firms in such an industry have little incentive to carry out technological change or much research and development. Illustrate what condition would encourage research and development in..
In order to reduce farm output, raise farm prices, and thus raise farm incomes (revenues), the government pays farmers to set aside a portion of their land from production. Using a graph, explain in terms of the elasticity of demand for farm produ..
In a closed economy, marginal propensity to consume .6. If the economy opens up to world and marginal propensity to import is .4, using the Keynesian model of output determination;
You work for a compensation-consulting firm. You are designing a compensation scheme for the CEO of a major corporation. The board has asked you to choose the parameters a, b, and c, in the following incentive contract.
The industry's assets are financed with some combination of common equity and long-term debt. What's the firm's debt ratio?
Cash, Accounts Receivable, Office Equipment, Legal Database Subscription, Accounts Payable, Common Stock, Dividends, Legal Fees Earned, Salaries Expense, Rent Expense, and Utilities Expense. Prepare journal entries and record the following October..
How many cases of peaches will be produced per week during the growing season, and what will the selling price per case be if producers ignore the marginal external costs imposed on others?
Consider the situation of the US debt and deficit Is the deficit and the debt a problem to be dealt with or not Explain. Why do those who worry say it is different from the World War II debt Can the FED keep buying up 40% of the government bonds f..
Describe the price and quantity for maximum sales revenue and calculate the maximum revenue. Determine the price and quantity for minimum marginal costs and calculate the minimum marginal cost.
Explain why is private property and the protection of property rights, so crucial to the success of the market system.
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