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Suppose the elasticity of demand is -2.5 and you have a marginal cost of 3.6. Using the optimal mark-up rule, what price should you set?
Write down the household's budget constraints for period 1 and 2 and identify the current account.
Every year in December, OECD celebrates International Anti-Corruption Day and its Initiative to Raise Global Awareness of Foreign Bribery.
suppose mpc is 0.8 initially. households then change their behavior so that the mpc falls to 0.75. what happens to
To what extent is investment in education a necessary condition for economic development? What is meant by the complementarities between investment in physical and human capital? Why are these important?
The Court should permit Gooden to breach the contract because he did not have full information when he made the agreement - change if Williams was not a professor of geology, but, in fact, a professor of geometry who knew little of minerals and s..
What is the velocity of money (V) and the price level (P) consistent with the quantity equation?
you are the manager of a monopolistically competitive firm and your demand and cost functions are given by q 36 - 4p
Assuming that all other factors remain unchanged, determine how a firm's breakeven point is affected by each of the following: A. The firm finds it necessary to reduce the price per unit because of increased foreign competition.
A description of blue ocean strategy and its importance
casea beautiful harbor town has the following characteristics it is located on an island that is mostly except for the
1. Has war always been a propulsive force for economies? How about World War I? How about winners versus losers? How about England, which was on the winning side in World War II? 2. if postwar demand was so important in getting the boom going,..
which of the following have traditionally been considered natural monopolies?a. public universitiesb. public golf
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