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Why are the interests of producers with regard to trade policy usually articulated more efficiently in the political process than the respective interests of consumers? Please explain briefly.
Ginny is working for a marketing firm making $50,000 per year but considers starting her own marketing company. Ginny has determined that to launch the business, she needs to invest $80,000 of her own funds. which means that she will have to quit her..
According to the rule for optimal input usage, a firm should hire a person as long as her marginal revenue product is greater than her marginal cost to the company. In offering such training programs, is a company violating the optimality rule?
Illustrate the initial situation in the market for peso-denominated deposits using demand and supply curves.
In PowerPoint, prepare an 7 - 10 slide presentation on one of the provided topics. Your presentation should include: A title slide, an agenda slide.
Suppose that a monopolist faces two markets with demand curves
Assume tuition cost $6,142 (per semester) in 2007 and $7562 in 2021. Price index was 207.34 in 2007 and 226 in 2012. What is the 2007 tuition fee in 2012? What is the growth rate of inflation-adjusted tuition fee from 2007 to 2012? What is the inflat..
the total quantity of monthly account across all internet providers increases from 90,000 to 190,000. What is the value price elasticity of demand? Is the demand elastic or inelastic?
What is the difference between macro and micro economics?
When the price of corn was "low," consumers in the United States spent a total of $8 billion annually on its consumption. When the price halved, consumer expenditures actually DECREASED to $6 billion annually. This indicates that:
Construct a demand curve from individuals who value a Chipotle burrito with values {$12, 10, 9, 8, 8, 8, 7, 7, 6, 6, 5, 4, 3, 3, 3, 2, 2, 1}. Identify the optimal single price, and the associated quantity and profit if the marginal cost of production..
What is the interest rate on a 2-year certificate of deposit at a bank or credit union in your area? What is the most recent value of the Consumer Price Index
If she is risk-averse, which of the two will she prefer? Why?
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