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Q. The purchase of the equipment from china increases the GDP of China, and lowers ours through an increased trade deficit?
Q. In market economics, firms rarely worry about the availability of inputs to produce their products, whereas in command economies input availability is a constant concern. Why the difference?
What is the equilibrium cost as well as equilibrium supply.
Following the war, the government of Country A would like to impose tax RMx on cars. Ilustrate and explain with graph for the car market due to the taxes. In your opinion, who will bear more of the taxes imposed-suppliers or consumers.
Illustrate what is the present equivalent of the overhaul expenses at time 0. Illustrate what is the yrly equivalent expense during only yrs 5-13.
Why would consumers demand 0 minutes in the long run if the price was $.30 every minute.
What are the equilibrium price and quantity. If demand increases to D', what are the new equilibrium price and quantity. What happens if the government does not allow the price to change when demand increase.
Does player 1 have a dominant policy also if so Illustrate what is it or does player 2 have a dominant policy also if so Illustrate what is it.
Compute the opportunity costs of going to each concert. Based on the Cost-Benefit Principle, which concert is the best choice.
There is no uncertainty about the future. The consumer needs to save an amount this year that will allow her.
Illustrate what is the expected annual demand also the total revenue corresponding to your recommended price
Calculate the original market equilibrium price and quantity in absence of the price support policy.
Explain how many hours of leisure does she consume. How many dollars of consumption does she consume.
She is now considering raising her prices by 20 percent to offset the increase in her monthly rent.
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