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1) Assume that the market for ice cream experiences market clearing. Demonstrate in a figure what happens to the equilibrium price and quantity of ice cream when a hurricane destroys a major sugarcane crop (if it helps, provide sample values for prices and quantities).
2) Suppose that we have diminishing marginal product of capital (MPK), that each unit of capital is paid R, and that each unit of output is sold for price
In a 3-4 page paper discuss how/which economic factors affect fundraising, You must use at least 3 scholarly sources. APA format.
How will you rank the countries for the investment decision based on the macroeconomic data, Justify. Present the scorecard you used in your analysis.
What is the meaning cross elasticity of demand? When the price of commodity A fall from $120 - $100 per item the quantity demanded for the commodity B fall from $150 -$100. Determine the cross elasticity od demand
In a present worth analysis of certain equipment, one alternative has a net present worth of +$420, based on a 6-year analysis period that equals the useful.
What is the most John willing to pay for this information? (Set up the relevant equation, you do not need to solve it completely.)
The antitrust divisions of government are limited by the resources allocated to their activities. Given the likelihood of violations of antitrust laws, why do you suppose the resources actually available to these agencies tend to be very modest?
1. According to Marshall, the basis of consumer surplus is- (A) Law of diminishing marginal utility (B) Law of equi-marginal utility (C) Law of proportions (D) All of the above
Suppose that for the past two months, you have studied economics one hour a day. You now decide to study economics two hours a day. For the past two months, ____.
What is the effect of a trade surplus? What is the effect of a trade deficit? How do trade deficits and surpluses affect the industry in which you work? Why are trade agreements important for the various countries involved? (160 word count minimum..
Suppose the elasticity of demand for luxury cars is -1.5. The elasticity of supply for luxury cars is 2.5. The elasticity of demand for compact cars is -.90, while the elasticity of supply for compact cars is 1.25. a. The government imposes a tax of ..
Describe the history and evolution of health care economics and the timeline of health care funding, usingthe defined terms. Includetwo outside resources.
Compare the view of the inflation-unemployment tradeoff illustrated by the Phillips curve with Milton Friedman's view, expressed in his Nobel lecture.
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