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Ask questiowhat are the importance of the branches of economics
how to calculate growth rate in closed economy
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A monopolist faces the following demand function for its product: Q = 45 - 5P The fixed costs of the monopolist are $12 and the variable costs are $5 per unit. a) What are the
what is market equilibrium and disequilibrium?
Accounting profit equals revenue minus all explicit costs, and economic. One profit is defined it should not be difficult to measure the profit of a firm for a given period. But tw
What is market failure?
The government notices that there is an output gap and decides to increase government spending with a stimulus package of $4 trillion in hopes that it will spur growth and stop une
What are the different pricing practices?
Effect of Gasoline Tax with Rebate Assume -Income = $9,000 - Price of gasoline = $1
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