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1) Why does the aggregate demand (AD) curve slope downward to the right? What can cause the curve to shift?
2) Why does the short run aggregate supply (SAS) curve slope upward to the right? What can cause the curve to shift?
Where does this short-run aggregate supply curve intersect the long-run aggregate supply curve that you drew? Just need an explanation of what it woudl look like?
The inverse demand function for bean sprouts were given by P(Y)=290-4Y , and the total cost of producing Y units for any firm were TC(Y)=50Y and if the industry consisted of two Cournot duopolists, then what is the equilibrium of each firm's producti..
What is the loss to fans from the monopoly power that sports franchises exert? Be precise in your reasoning. (Verbal explanation and shows P, MC and MR.)
A town’s recreation department is trying to decide how to use a piece of land. One option is to put up basketball courts with an expected life of eight years. Another is to install a swimming pool with an expected life of 24 years.
q1. due to the housing bubble many houses are now selling for much less than their selling price just two or three
Use an isocost-isoquant diagram to explain how a rm determines the least cost combination of labor and capital to produce a given level of output. What is true of the marginal product per dollar at the least cost combination of capital and labor? Why..
elucidate how the proposed carbon tax for australia would help reduce negative externalities, pollution levels in australia.
What could be the full increase in real GDP from the change in government spending assuming that the aggregate supply curve is horizontal across the range of GDP being considered.
According to the Huffington Post on September 19, 2012,“Demand for the new Apple Inc iphone 5 has been incredible,' AT&T Inc Chief Executive Randall Stephenson said on Wednesday." The increase in demand causes equilibrium price to _ and equilibrium q..
If you drive 20,000 miles per year and the price of gasoline for this analysis is assumed to be $4.00 per gallon, which model should you purchase?
To ensure that eligible tribal applicants have the opportunity to participate in the Public Assistance (PA) process, PA staff members should:
What nominal rate per month is equivalent to an effective rate of 3.8% per quarter, compounded continously?
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