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What is the diamonds water paradox and how is it explained?
What are the conditions for the four types of markets (perfectly competitive, monopolistic, monopolistic competitive and oligopolistic market)?
Why do you think macroeconomists focus on just a few key statistics when trying to understand the health also trajectory of an economy.
Compute average fixed cost, average variable cost, and average total cost for each quantity. What is the efficient scale of the painting company.
What are the advantages and disadvantages of using the Gross Domestic Product (GDP) as a measure of productivity and economic health? Explain your answers
Manufacturers begin building a new plant in Arizona. Which determinant of cumulative demand causes the change.
What does the difference in the CCCs tell us about the riskiness of the two firms? Why is that the case? If the expected industry return is 8%, will both firms stay in the industry? Calculate the cost of equity for the two firms?
Suppose ABC were to use the caps as a promotion. How many caps could ABC give away free? At what price would no caps be sold? Calculate the price elasticity of demand at a price of $6?
If countries can benefit by increasing their consumption possibilities through trade, why do so many countries place restrictions on trade?
An ongoing approach debate concerns whether to legalize utilize of drugs such as marijuana also cocaine.
If you were a supplier to the furniture producer, would have chosen to see the analysis performed in physical sales units rather than dollars of revenue.
Times more productive than a minimum wage worker. How many times more productive was a $160-per-hour lawyer compared to a worker earning minimum wage?
Illustrate what is the reorder point for part if the reorder point is expressed in terms of the inventory on hand rather than the inventory position.
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