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Write an essay that explains the phenomenon of the Crusades. What were the Crusades and what were the causes? Should the Crusades be considered one event or many and why? What were the consequences of the Crusades? Where the Crusades successful (define "success")?
Suppose that the market for paint is in equilibrium. The demand for paint is given by Qd=5000-8P. The supply of paint is given by Qs=2000+2P. What is the price elasticity of demand at the market equilibrium?
The perfectly competitive firm's demand curve for labor is:
If the university's school of engineering can earn 4% on it's investments, how much should be in it's savings account to fund one $5000 scholarship each year for 10 years?
According to By the Numbers, approximately when was the last time the United States had a trade surplus? As a percentage of GDP, what was the highest trade surplus the United States has achieved? What was the highest trade deficit the United States h..
Illustrate what factors seem to be most important in determining development also why
The supply of Beetles is elastic. Based on this information, are the following statements true or false? Explain your reasoning. A 10% increase in the price of a Beetle will reduce the quantity demanded by 20%. An increase in consumer income will inc..
q. willie lohmann travels from city to city in the conduct of his business. every other year he buys a used car for
At what price and quantity would Gringle maximize revenue? What is its maximum revenue? At what price and quantity would elasticity of demand equal -2.4. What is the P/MR at this point? Assume Gringle wants to mark up its product by 40% above margina..
Under the cost minimization rule, when will a firm employ only human labor? Why does the cost minimization rule suggest that it is unlikely a firm actually would replace human labor entirely with robotic inputs?
What resources are combined by firms to produce goods and resources?
A candidate in the group is proposing a national sales tax to replace our personal income tax. Analyze this tax proposal to help your candidate understand its merits and demerits, so that she knows how to attack him.
Assume demand is given by: Qd = 80 - 4p. Assume supply is given by Qs = 40. What is the elasticity of supply? What is the market equilibrium?
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