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about opean market economy
Carmen, the Queen of Electra, is concerned over what she believes is an excessive consumption of electricity. Consequently, she proposes an excise tax on electricity consumption w
1. Define the concept of opportunity cost in your own words. Given an example from your own life of the opportunity cost of a decision (do NOT use classroom examples). Explain why
Ask question # how do you formulate a demand and supply equations when you a table of prices, quantity demanded and supplied?
How to determine the number of moles of butane by your number of moles of butane? using (PV=nRT)
where does stage 1 end?
When the curve that envelops the sweries of possible short-run average total cost curves is horizontal, this means that they are a. economies of scale, b. dieconomies of scale, co
How to solve questions of endowments?
Suppose that the short-run world demand and supply elasticities for crude oil are -0.076 and 0.088, respectively. The current price per barrel is $30 and the short -run equilibrium
discuss the implications of various market structure for price determination
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