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Question: If the quantity supplied decreases by 100 sandwiches an hour at each price, what is the equilibrium price and what is the change in total surplus? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.
A monopolist of a new computer software is facing demand: P = 100 -2 Q (where P is the unit price for this software and Q is its quantity) and MC = 20. What is the consumer surplus in this market
Do you think that there is a “retirement problem” in the US, meaning that individuals and families are not saving enough for retirement? What three original pieces of evidence support your observations and conclusions (journal articles, studies, spec..
If one gas station reduces its prices, must other gas stations match the price reduction? Why or why not?
Use the following diagrams and a. show what would happen in both diagrams if government purchases increase in the short run. b. show what would happen in both diagrams if the growth rate of the money supply was reduced in the short run.
Compare a $40,000 median family income in 1980 to the same income in 1990, 2000, and 2010. What are the differences in the available products? What are the differences in the quality of those products?
The following results are based on a random sample of 534 people from the Current Population Survey (CPS). The dependent variable in each regression is log(wage).A.How do we interpret the coefficients for education, male, and married in Model 2?
Describe the effects of employment discrimination on wages. How could this impact ones business decisions in relation to labor costs?
1. you have been working with each environment individually now its time to integrate and synthesize.2. perform
Draw a supply-and-demand diagram to explain the effect of a negative externality that occurs as a result of a firm's production process. Define and give an example of a public good.
Why are you doing this homework? What are you giving up? What utility do you expect to gain?
Suppose that Congress is considering an investment tax credit, which subsidizes domestic investment. (a) How does this policy affect national saving, domestic investment, net capital outflow, the interest rate, the exchange rate, and the trade bal..
With L on the horizontal axis and K on the vertical, show where you might be in long run equilibrium at the production of 5,000 cookies. The price of L is "w", and the price of K is "r". Now: In the SR (short run), with L as a variable factor,
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