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Suppose that a tax of $28 is levied on each item sold by a monopolist, and as a result, it decides to raise its price by exactly $28. Why might this decision be against its own best interest?
What will the effects of the tax be in the short run on industry output and price. Will the price rise by the full ?ve cents in the short run.
Illustrate the purpose of this optional homework is to learn how specialization and trade benefit all trading parties.
Elucidate relationship among production curves average product and marginal product also cost curves average variable cost, average total cost and marginal cost.
If the price level remains constant by Explain how more will real output increase.
Congress is proposing a bill that will roll back gasoline prices to four dollars a gallon. Analyze the consequences of such a bill and whether or not you would personally favor it. Consider all the costs involved in your analysis.
What are the advantages and disadvantages to a two-stage approach to negotians? Why do most negotiations for globl environmental regimes end up taking a two-stage approach?
If Englad can produce either 15 units of corn or 30 sweaters in one unit of labor and Portugal can produce 10 units of corn and 5 sweater in one unit of labor as well, explain how would each nation benefit (numerically) from trade.
Expecting that wool prices would remain high, wool producers raised a lot more sheep.
Explain how does imposing rent controls affect the number of housing units available to low-income families
As your client is intent on investing aggressively, you will want to include the "beta" associated with each instrument relative to the S&P 500 Index.
Explain how do acts of intellectual piracy hurt American companies.
Assume that velocity of money is 5, nominal GDP is $1,350,000 and cost level is 3. Estimate all possible unknowns in XYZ's economy, if its federal reserve buys $9,000.00 in government bonds.
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