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When free trade increases market competition, what happens to the ability of a firm to set high prices? What about when trade restrictions are imposed?
the mainstream theory of the business cycle, is the most common source of reciession: a decrease in aggregate demand, a decrease in aggregate supply, or both.
q1. explain a voting pattern using the actual votes taken by at least 15 legislators in the u.s. congress a state
It has been estimated that private prisons are about 10 percent cheaper, on a every prisoner basis, than public prisons.
Board of directors has directed you to choose an output level that maximizes the firm's profit. You have an incentive to maximize profits because your job and salary depend on the profit performance of this company.
which cumulative expenditures are increased. Raising taxes also government expenditure by the same amount such which cumulative provide is decreased also cumulative demand is increased.
Illustrate what do economists call the percentage change in real GDP from year to the next. Under a business agreement 70/30 why should the 70% shareholder decision carry all day.
At his current consumption basket, his marginal utility for hot dogs is 5 and his marginal utility for sodas is 3.
q1. are there any hiring standards that should be avoided? identify them also explain why they should be avoided?q2.
To maximize profit a price discriminating firm should
If monopoly involves a deadweight loss to society so that consumers pay a higher price for the product and have less than an optimal amount of it available, why does our government give patents to some firms for products so that they can keep a monop..
What adverse effects on the domestic economy may follow from (a) a depreciation of the exchange rate and (b) an appreciation of the exchange rate.
How might efficiency wages contribute to downward wage inflexibility, at least for a time, when aggregate demand declines.
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