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Q1. He decides to rent a telescope for $50.00 a week also charge his friends also classmates to utilize it to peep at the game for 30 seconds. He can act as a single-price monopolist for renting out "peeps." For each person who takes a 30-second peep, it costs Jimmy $0.20 to clean the eyepiece. The accompanying table Elucidate how the information Jimmy has collected about the demand for the service in a given week.
Q2. The money market also the bond market is closely intertwined. Elucidate what will happen to the price of bonds also to money holding if the Fed changes the interest rate as a result of a decrease in the money supply
Semiconductor chips are used to store information in electronic products, such as personal computers. One of the early leaders in the production of these chips was Texas Instruments (TI).
Assume a one-time decrease in population, possibly caused by an onset of disease or a sudden out-migration.
Illustrate that there are any extra costs or benefits due to this shift.
Suppose that all the necessary conditions exist for the realization of equal wage rates in every market of labor.
The developing country uses the $100 bank balance to import $100 worth of food from the United States (US).
What constant yearly rate of inflation would lead to the price rise observed over those two years.
Defend your use of either monetary policy or fiscal policy to do this.
The quantity demanded of the resource in each year is given by the equation Qt = 10 - Pt . The marginal cost of extraction is zero.
Why might the Homo sapiens production possibilities curve have shifted outward to the right much more rapidly than those of Neanderthals.
Elucidate what type of returns to scale does this technology represent.
Consider a consumer with $10 to spend on these 2 goods where the price of apples is always $2 every.
A Fenway park, home of the Boston Red Sox, seating is limited to 39.000. Hence, the number of tickets issued is fixed at that figure. Seeing a golden opportunity to raise revenue.
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