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Q. What will happen to equilibrium price of new textbooks if more students attend college, paper becomes cheaper, textbook authors accept lower royalties and fewer used textbooks are sold?
Q. Estimate equation and interpret coefficients. Did sign turn out as you expected? C) What proportion of variation in cocaine price is explained jointly by variation in quantity, quality and time?
Assume that the firms form a cartel to maximize total industry profits. Determine the optimum output as well as selling cost for each firm.
Elucidate why relatively flat as opposite relatively steep worker demand curves are more consistent with the empirical observation.
Assume the Bank of Japan allowed the money supply to grow by 2% each year while the Bank of Korea chose to maintain relatively high money growth of 12% per year.
Who in the U.S. government is responsible for computing also reporting the consumer price index.
Calculate Anthony his explicit cost for operating his consulting firm for a year?
The president of the United States announces in a press conference that he will fight the higher inflation rate with a new anti-inflation program. Predict what happen to interest rates if the public believes him.
Is there a relationship between GDP and the business cycle. If so, explicitate relationship exists and how might a business manager use this information to increase their profits.
illustrate what is which industry's marginal revenue as it increases o/p from 1300 units to 2200 units.
If the government raises your marginal income tax rates and uses the money in a way that does not affect you in any way.
How large is the bias in the CPI due to not immediately incorporating new goods.
You are a division manager at Toyota. If your marketing department estimates that the semiannual demand for the Highlander is Q 100,000 -1.25P, illustrate what price should you charge in order to maximize revenues from sales of the Highlander.
Among which of the following will cause an increase in producer surplus. Which of the following causes a shortage of a good.
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