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Hardware and software for computers are complements. Discuss the effects on the equilibrium price and quantity of:
A. Hardware, when new and more efficient manufacturing technology becomes available.- What does this change affect? Demand or supply?- In which direction does the curve shift?- Draw a graph and explain what will happen to the price and quantity?
B. Software, when the price of computer hardware falls.- What does this change affect? Demand or supply?- In which direction does the curve shift?- Draw a graph and explain what will happen to the price and quantity?
provided by the U.S. government How does such assistance help bolster support for free-trade agreements? Do you think workers who lose their jobs because of changes in trade laws deserve special treatment relative to workers who lose their jobs be..
How does an active fiscal policy helps or hinder long-run growth in the economy.
Illustrate what were the percentage changes in nominal GDP and real GDP for the most recent quarter? What accounts for the difference.
Illustrate what was the industry's method for determining that there was an inequality.
Big Steel Corp. is a price leader in the local steel market. The other, smaller manufacturers set their price based on that established by Big Steel. Discuss how Big Steel should use the information on the supply of steel by other, smaller competi..
Market supply of labor The following table shows the hours per week supplied to a particular market by three individuals at various wage rates. Calculate the total hours per week (QT) supplied to the market.
What is the maximum amount of new loans that this bank can make and assume that the bank makes these loans. What will the new balance sheet look like?
Assume the market for computer chips is dominated by two firms: Intel and AMD. Intel has discovered how to make superior chips and is considering whether or not to adopt the new technology.
Let a company's demand be given by: Q=100-P. Let company's marginal cost be $2 per unit of production. Solve for the firm's marginal revenue equation and optimal output or price combination.
Elucidate as accurately as you can how each of the following individuals which would be affected by unanticipated inflation of 10 percent per year.
Assume you are a financial advisor to an investor whose portfolio consists of 400 shares of Delta Cruise Inc. stock and 10 put options on the same stock.
Describe how the topic you select relates to the growth of United State banking overseas. Include data how your topic contributes to interdependence among economies and financial markets, and to global financial stability.
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