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How might governments use buffer stocks to stabilise prices?
Explain/outline a buffer stock scheme in brief as a method for government (in this case) to warehouse (stock) goods for shorter periods of time when the market price tends to go below a desired level - and then releasing quantities from stocks when the market price tends above a set ceiling price.
1. State of the art machines at the advanced Yamaha musical instrument plant tune the exact sound of high caliber musical instruments (vs a certain touch, and perhaps a degree of v
Two firms produce a pollutant called Q. The total costs of reducing emissions of Q are as follows for Firm 1 and Firm 2, respectively: TC1=10+100Q12 TC2=20 + 50Q22. This means tha
U+v, UV, u/v
what are the merits and demerits of deductive inductive methods in economic analysis?
Xd(Px)=5000-100Px
Question: Third degree price discrimination Suppose that a monopolist faces two markets with demand curves given by D(p 1 ) = 100 - p 1 D(p 2 ) = 100 - 2p 2 Assume that
Question 1: i) Elaborate on how CPI is used to calculate inflation and what are the limitations of such a measure? ii) Growth is always beneficial. Discuss iii) Explain
MUa/MUb how it happens? and why this occur?
u=2x^2+3y^2 hence income=310 birr and price=3 birr calculate quntity of x and y the optimize&minmize utilityfor the given income
two or more variable inputs
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