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The demand For halloween T shirt at a store is P= 24 - 2 Q where P is price and Q is quantity demanded. The cost to make a T shirt is: capital TC= 4 + 4q
What quantity of shirts should they make/0rder?
The original demand function was too optimistic, and the store has 2 shirts leftover Halloween is over. The new estimated demand is P= 12 - 2 Q. What price should they charge for the remaining T shirts
Explain precisely how and why the moral hazard may arise in rural land contract in developing countries.
Lastly, citrus juice and oatmeal are complements and oats are required to make oatmeal.
In HTTP response helders, what is the syntax of most lines (which are header fields)?
1. How is economics a science? 2. Why do economists make assumptions? 3. Should an economic model describe reality exactly?
When nominal interest rates become "sufficiently negative" (meaning they exceed cash storage costs) , does money demand behave assymptotically and approach infinity?
Assume you consider participating in a sealed-bid second price auction for a vintage car in which the winner of the auction (the bidder who submits the highest bid) only has to pay the second highest bid that was submitted.
Explain the possible problems for consumers of each of the following ways of dealing with a natural monopoly: Why do most economists argue that the money raised by selling off state-owned firms is not an especially good argument for selling them? Wha..
Calculate the equilibrium wage rate and quantity of labour employed and draw a diagram to illustrate your answer.
Consider a game between a parent and a child. The child can choose to be good (G) or bad (B); the parent can punish the child (P) or not (N). The child gets enjoyment worth a 1 from bad behavior, but hurt worth -2 from punishment. Thus a child who be..
Conduct a web search to find an advertisement that serves primarily to inform consumers and promote competition. Conduct a second web search and find an advertisement that serves primarily to make consumers less price sensitive to their product.
q. assume always there wireless serves 100 high-high demand as well as wireless consumers each of whose monthly demand
Use 2 supply and demand diagrams, one for the product market and the other for the labor market, to show how increase trade with other countries has decreased the ability of unions to raise wages for their members.
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