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a consumer consumes only two goods x and y is in eqillibrium price of x falls explain the reaction of consumer through utility analysis
Ask qIf the supply and demand curves for labor are represented by the following equations: Wd= -- (1/100)Ld + 30 Ws= (1/200)Ls Ws=Wd Ld=Ld a. Graph the results and show the equili
measures to control business cycle
In this part, use the results for market demand for short-run and long run market supply of good x1 obtained in parts one and two. When a change (e.g. income or taxes) is introduce
how pp curve can solve the central problems of an economy?
Why short run average cost curve is ‘U’ shaped
illustrate and explain the changing demand for big mac using indifference curve and budget line
The Value of Title Insurance While Buying a House * A Scenario: - Price of house is $200,000 - 5% chance that seller does not own house * Risk neutral buyer would pa
why slopes of is and lm curves affect effectivness of fiscal and mnetary policy?
explain nature of microeconomic
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