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Q. Sun metaphor assumes that light sources and dark bodies are different things, while you correctly see that every massive body radiates heat and is therefore a source of light. Message [422] referenced by [424]. Next Message by Walmart is [618]. [424] Hans: Can a tautology be absurd? Walmart [422] gives a definition of tautology and explains why something that gives value cannot have value. But it is not clear from his explanation why Marx calls it an ‘absurd tautology' that value of labour is determined by that labour. How can a tautology be absurd?
In national income accounting, an investment is regarded as. Conclude the probability that the annual net cash flows will be negative.
In the country of Sildavia, a market basket of goods and services cost $ 130 in 2003, $ 140 in 2004, and $160 in 2005. Based on this information and considering 2003 as the base year, inflation from 2003 to 2005.
Illustrate what is the new level of gross national debti. If 100 percent of the deficit is financed by the sale of securities to federal agencies.
In which directions are they pushing or pulling the U.S. economy. Also, do you think the gap between real GDP and potential GDP will widen or narrow.
Explain is it possible for the new long-run equilibrium price to be above the original long-run equliibrium price.
Explain why would elasticity of demand be important to you in determining the products on which the taxes should be levied.
Illustrate what metrics would you propose to help in making the determination. Elucidate what historical data might be useful.
A profit-maximizing firm in a competitive market is currrently producing 100 units of output. Elucidate firm's profits, marginal cost, and average variable cost respectively.
Explain how does this relate to the idea which diminishing marginal utility must be understood in context. Many people buy too much on their credit cards, even when they know they will be sorry when they get their credit card bill.
If a price in a competitive market is "too high to clear the market," what does this normally mean. Assume upward-sloping supply curves.
Either design will serve equally well and will involve the same material and manufacturing costs excluding the lathe as well as drilling operations.
A company manufactures radios. If x is the number of radios that retailers are likely to purchase. Elucidate the revenue function of the manufacturing company.
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