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I am trying to aggregate demand functions. If the two functions are Q1=150-10P and the second function is Q2=150-5P, what would the aggregate function be?
Manager of EPS find outs two output levels that appear to be optimal. Illustrate what are these levels of output and which one is actually optimal.
Explain how much consumer surplus exists in this market. If a $2.00 excise tax is levied on this good what will happen to equilibrium price and quantity.
q1. on april 1 1996 taco bell the fast-food chain ran a full-page as in the new york times with this news in an effort
Assume that the newspaper can't differentiate students from teachers and can only charge a fixed price per article.
Young Americans (ages 21 to 30) are healthier on average and have lower expected health care costs than older Americans. Despite that, younger people have enrolled in health insurance through Affordable Care Act (ACA) at almost the same rate as older..
Discuss how changes in household disposable income, housing and stock wealth, and debt-generated movements along and shifts in the U.S. saving function. Explain these effects, assuming other things were equal.
Explain how is the federal budget deficit affecting the U.S. economy. Essay should be about 400 words. How dependent is American, on the Chinese economy.
Which characteristic of competitive markets permits society to answer the illustrate what to create question efficiently.
q1. a what output will maximize profit? what is this profit?b will output increase if the price rises to 4.50 to 5.25?
John Wilson, the owner of a fast-food restaurant, estimated that he can sell 1,000 additional hamburgers per day by renting more automated equipment at a cost of $100 per day. Alternatively, he estimated that he could sell an extra 1,200 hamburgers p..
A machine has a current salvage value of $10,000, which will drop by $2,000 per year. The maintenance costs will be $1,250 per year. What is the marginal cost to extend the service for 1 year, at 8%?
xpect that this strong preference for Japanese products will continue for the next decade. Explain how should this influence your decision to work and save in Japan.
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