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Suppose you own a home remodeling company. You are currently earning short-run profits. The home remodeling industry is an increasing-cost industry. In the long run, what do you expect will happen to
a. Your firm's costs of production? Explain.
b. The price you can charge for your modeling services? why?
c. Profits in home remodeling? why?
Changes in disposable income affect government purchases and the government purchase function. How do changes in net taxes affect the consumption function.
An intraocular lens manufacturing is in the qualification process of a polishing machine.
Elucidate how Illustrate what occurs to demand for L1 when w2 increases. Illustrate the scale also substitution effects.
What will be his economic profit. How much consumer surplus is generated each day at this price. Illustrate what is the socially efficient number of portraits.
What is a one invention that had good impact on the international economy and why. What were the impacts of this invention were impact good or bad.
Pocoyo bakes cookies also Pato grows vegetables. In which of the subsequent cases is it impossible for both Pocoyo also Pato to benefit from trade.
the demand for electricity and the concept that nuclear is cleaner than coal and who the special interest groups are that's involved
New manufacturing technologies are often viewed as labor saving in nature. Using a production possibilities frontier with manufactured capital goods on one axis and labor-intensive goods on the other axis.
Elucidate how does the real wage rate at point c compare with the real salary rate at point a. How do nominal wage rates compare at those two points.
You are given the following information about the economy of Nocoin: The banks have submitted of $300 billion, two thirds of which is in deposits with the central bank.
The ultimate result of this one-shot, simultaneous-move game depends upon the choices made by both competitors.
conomist Robert Fogel focused on which of the following factors as one determinant of long-run economic growth.
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