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Discussion Topic: Given the state of the economy and the causes of that state-think back to our online discussions a few weeks ago-what should be the appropriate mix of fiscal and monetary policy, from a Keynesian perspective? From a neoclassical perspective? Show each policy mix graphically using the AD/AS model. Which makes the most sense to you? Why?
The inverse market demand curve for paper is given by P=400-2Q. There are two firms who produce fax paper. Each firm has unit cost of production equal to c=40, and they compete in the market quan-tities. That is, they can choose any quantity t..
What is the firm’s total revenue and total amount paid for labor at the level of labor input you determined in (b)?
Using a graph show (and discuss) that the presence of external economies creates a natural entry barrier for new entrants when there is an incumbent industry,
smart university of lafayette indiana is a c.e.d. division of smart university located in gary indiana. sus goal is to
Determine the monthly payments on a $150,000 mortgage (loan) at 6.00% (annual interest) compounded (paid) monthly for 30 years. ($ 899.32). What is total interest paid over the 30 years?
The idea that international trade should be based on the comparative advantage of each country is fine for rich countries like the united states and japan. rich countries have educated workers and large quantities of machinery and equipment. these ad..
1. b. in at least 3 detailed paragraphs answer the following three questions use examples to illustrate your response
If the vehicle Jeep is not affected by seasonal demand, how would chrysler corporation dispose of excess inventory due to a forecasting mistake?
explain the points in the process where the vendor has an opportunity to add value, be sure to answer the following questions, how does value vary for a large purchase versus a smaller one, does adding value cost money
The total relevant cost of holding inventory in a plant for purchased materials is given, TRC = (6000/Q)(60) PLUS 0.30(12)(Q/2) PLUS 6000(12) WHERE Q IS THE ECONOMIC ORDER QUANTITY.
Discuss why an understanding of the role played by economics in social issues is important for people who are not economists to understand. Provide specific examples to support your response.
Interested in looking at the relationship between the number of people on the sales force and the dollar volume of sales.The following data
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