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"Which side of the market, supply or demand, that bears the burden of a tax on a good or service depends upon the relative supply and demand:"
elasticities
surpluses
shortages
We've talked a bit about decision making and strategic planning in the class so far, and this discussion thread lets us focus on the qualitative and quantitative aspects involved with making decisions. Can you think of a time you had to make a major ..
q.here is the question i need help on suppose that in new crankshaft pennsylvania the quality distribution of the 4 000
q1. the original revenue function for the microchip producer is r ocircdegsbquo 170q ocircdegeuro 20q2. derive the
How big should hash table be to ensure a mean hash chain length of less than 1. Assume that hash table size is a power of two.
Illustrate what is the opportunity cost (in civilian output) of a defense buildup that raises military spending from 4.0 to 4.1 percent of a $14 trillion economy.
Price discrimination allows firms to make more money by partitioning their customers into at least two distinct groups, those that:
In the case Discover Bank v. Owens, Owens received a Discover credit card with a limit of $1.900 and charged $1.460. The credit card agreement allowed Discover to add fees and increase her interest rate when Owens paid her bill late or did not pay in..
Assume a bank faces a required reserve ratio of 5 percent. If a bank has $200,000 millino of checkable deposits and $15 million of total reserves, then how large are the bank's excess reserves?
the shape depends partly on how much time consumers have to adjust a change in prices. Over a short period the demand curve is fairly steep because a few adjustments can be made.
What are the strengths and weaknesses of the measure of welfare used by many economists: consumer welfare plus producer surplus.
q1. consider how the components of gross domestic product gdp fit with the circular flow model. what does gdp measure?
If the economy were at a steady-state unemployment rate with a separation rate of 0.02 per month and a job-finding rate of 0.10 per month, and the labor force was 100 million, how many individuals would lose their jobs each month?
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