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If the price of processor chips used in manufacturing personal computers decrease, what will happen in the market for personal computers? How will the equilibrium price and equilibrium quantity of personal computers change?
what is the probability that sample variance would be less than 100? what is the probability that sample variance would be more than 500.
If this is true, explain why does not just one state produce all of the orange juice for the U.S. market.
What is value of marginal propensity to consume (MPC) in this model Marginal propensity to save (MPS).
Given your answer above, what is the Habsi's opportunity cost per acre. Illustrate what is the total economic cost per acre for your answer.
illustrate what is the minimum range within which the sample average failure rate must be found to justify with 95% confidence the advertised failure rate of 0.5%.
What appears to be major constraint that central banks used to determine limits of monetary injections into economy. Did United States use same or different criteria.
The two firms have the same demand curve P=100-4Q, Marginal cost of Firm 1 is 5 and for firm 2 is 10.
What effectiveness of monetary policy depends on how easy it is for changes in money supply to change interest rates.
Describe the least cost combination of L and K when output is produced at the rate of 1,000 tons per day. Describe the required outlay for 1,000 tons per day.
Describe the goals of the factory owners? Describe the goals of the employees? Describe the problem caused by the scarcity. What is the price of a life.
Describe how the system converges to its new equilibrium. What happens to the equilibrium wage in the long run? What happens to the equilibrium population size in the long run?
A tropical country can produce winter coats, but there is no domestic demand for these coats. Explain how this country can gain from free trade in winter coats.
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