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Suppose that the company Mama's Pies adds another store to sell its pastries. Supposed that it costs $400,000 to build the new store and assume that the new store will generate revenues of $450,000.
What is the rate of return on this investment?
Elucidate the relationship among the ratio of marginal utility and the price of each good consumed in consumer equilibrium.
Determine the conditions of perfect competition. Name each and describe with an example how the real markets can violate one of more of these conditions.
Elucidate why the price elasticity of demand differ along a demand curve, even if the demand curve is linear.
You take $100 that you had kept under your mattress and deposit it into your bank account. If this $100 stays in banking system as reserves and if banks hold reserves equal to 10% of deposits,
Suppose that GDP is 5,000. Consumption is C=1,000+.3(Y-T). Investment is I=1500-50r, where r is the real interest rate. Taxes are 1,000 and government expenditures are 1,500.
Describe the maximum insurance premium that the individual is prepared to pay.
Illustrtyae what policies we should follow in resource allocation for health.
Describe the factor which determine the slope of the LM curve and whether an increase in theses factor(s) will make the curve flatter or steeper.
If the price of 1 pound of cereals is $10 and the price of a sword is $100, what is the wage rate paid to Hobbits in the Shire? How many Hobbits work in the cereal sector? In sword sector? Because of the War of the Ring, the price of a sword went ..
Assume that the government increases purchases of goods and services through $20 billion. Using your graph obtained in, draw the new AE line and determine the new equilibrium GDP.
Considering factors such as food supplies, population growth, water availability and renewable energy, compare the marginal costs and the marginal benefits of global warming and describe what an ‘environmentally sustainable' economy would be.
Discuss on social diversity and business ethics and how has a more diversified labor force affected the corporate structure and economy?
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