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Suppose the supply of a good is given by the equation Qs= -900 + 6P and the demand for the good is given by the equation Qd= 700 - 2P, where quantity (Q) is measured in thousands of units and price (P) is measured in dollars per unit.
THe equilibrium quantity in this market it?
Illustrate what will occur to the equilibrium price also quantity of guitar strings
Elucidate how do the ratios Px*X/I also Py*Y/I change as income increases in this problem.
What reliance performance would be measured efficient. Elucidate reliance behavior which would be considered excessive.
Suppose that the market price for a bottle of vitamins is $2.50 and that at that price the total market quantity demanded is 75,000,000 bottles.
Explain why the R-squared from the regression from F test will always be at least as large as the R-square from the BP regression.
If the company were to build the bridge, illustrate what would be its profit-maximizing price. Would that be the efficient level of output.
Consider a world in which there is no currency also depository institutions matter only transactions deposits also desire to hold no excess reserves.
Explain the relationship among the bowed out shape of the production possibilities frontier and the increasing opportunity cost of a good as more of it is produced.
Explicate 2 important indicators the Federal Reserve System will use to analyze this particular economic situation.
Explain how would a citizen whose income is in the bottom one percent talk about scarcity and trade-offs.
Conclude the change in demand when PX increases to 80. Conclude the exact amounts of the income also substitution effects for X.
You own a car dealership in Chicago also are allowing for buying stock also have narrowed your choice to either purchasing stock in the Good Tires Company or American Bus.
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