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1. Bagani is selling oranges at 25.00 dollars for the 5,000 units available for sale. She then increased her price to 35.00 dollars and had 8,000 units available for sale. What is the price elasticity of supply?
2. Given the demand schedule below, what is the elasticity of demand for good x?
Price: 180 Quantity Demanded: 42
Price: 225 Quantity Demanded: 36
3. What is the elasticity of demand for good y?
Price: 635 Quantity Demanded: 80
Price: 350 Quantity Demanded: 100
The currency-deposit ratio has been and is likely to remain relatively stable. The ratio of non-transactions deposits to transactions deposits increased by a factor.
A university spent $1.8 million to install solar panels atop a parking garage. These panels will have a capacity of 500 kw, have a life expectancy
An oligopoly market consists of:
When countries such as the U.S. promote production of domestic cotton, developing countries that produce cotton are hurt. Why?
The importance of business communication in the economic development of Bangladesh
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Suppose the initial price of apples is $1 per lb. and the price of orange is $2 per lb. A typical consumer has income $10 and spends all his income on the two goods. The consumer buys 4 lbs of apples at the initial price levels. Later the price of ap..
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Suppose you are studying the market for shoes. Two events take place simultaneously. First, price of leather decreases, and second, consumers' income increases. What will happen to the equilibrium price and equilibrium quantity of shoes?
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