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What is the CPI describe? How does the fed create money?
If the only pool cleaning service in town charges $50 per cleaning, he has 10 weekly customers
Please answer the following-Economics review 1. What does the law of demand states?
Assume a linear market demand curve and a concave average cost curve for the following questions: (a) Show how an incumbent can keep an entrant out of the market by threatening to produce a large quantity. (b) Why might this behavior be irrational if..
Suppose that both firms decide to collude (form one firm) and maximize profits as one entity. What is going to be the overall production level they choose and the profit they make, respectively
This game is adopted from episode six of the Survivor Thailand television series that aired in fall 2002. Two players alternate in taking turns to remove some number of flags from a field with 31 flags. Each time it is a player’s turn, he may choose ..
In a school, 60% of pupils have access to the internet at home. A group of 8 students is chosen at random.
A monopoly is considering selling several units of a homogeneous product as a single package. A typical consumer’s demand for the product is Qd = 120 - 0.25P, and the marginal cost of production is $160. How much should the firm charge for this packa..
A bond has a par value of $1,000, 6 years to maturity, and a 9% coupon rate. If the bonds currently sell for $1,090, what is the yield to maturity?
Suppose that you are considering the purchase of a security that has the following timeline of payments: How much would you be willing to pay for this security if he market interest rate is 6%?
Is it possible for the short-run run market supply curve to show that quantity supplied increases only if price increases and for the long-run market supply curve to indicate that market price does not increase as quantity supplied increases? Why or ..
Hospital A does emergency care only, and has total costs of $1,000,000 for output of 100 patients per day. Hospital B does surgery only and has total costs of $10,000,000 for 100 surgeries per day. Hospital C does both emergency care (100 patients pe..
What is the difference between moral hazard and adverse selection? ?Car Depreciation problem: A common complaint is that a new car will depreciate by 25% as soon as the new owner drives it off the lot. This information comes from resale price data fr..
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