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If the unemployment rate is 6.2%, and the number of employed equals 110 million, what is the employment rate?
Suppose the market for widgets can be described by the following equations: What is the equilibrium price and quantity?
What is the highest profit or lowest loss availability to this firm?Should this firm operate or shut down in the short run? Why? What is the relationship between marginal revenue and marginal cost as the firm increases output?
Illustrate what are the pros and cons of companies competing in the global environment and how this has affected the U.S. economy and the global economy.
The total sum of squares is 400 and the sum of squares errors is 100, what is the coefficient of determination?
Offers automobile brake analysis also repair at a various of outlets in the Philadelphia area.
Suppose an excise tax of $2.00 per unit is placed on the sale of this good. What will the post-tax equilibrium buyers' price, sellers' price, and quantity be?
Elucidate the similarities and differences of the breakup of the AT&T/Bell System antitrust problems.
Consider a market for meals in a school cafeteria. Suppose that in this market only one seller (the school foodservice unit) can sell meals to an unlimited number of students. What is the price elasticity of demand at p=4 at that price
In the context of a supply demand diagram of low skill labour market, a minimum wage above competitive equilibrium will decrease employment relative to competitive equilibrium.
Suppose a firm must pay an annual tax, which is a fixed sum, independent of whether it produces any output-How does this tax affect the firm's fixed, marginal, and average costs?
Share how a concept could be related to your employment or other real world experiences in Macroeconomic Conditions
Discuss the differences among commodity money and fiat money, making sure to explain what makes fiat money work.
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