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A major supplier has donated $45,000 worth of medical supply items to your firm. These items are then used in the treatment of patients. Explain how this transaction would be recorded in your firm's financial statements. Additionally, your hospital has experienced negative levels of net income for the last five years. The total amount of accumulated deficits is $5 million, but you have noticed that unrestricted net assets have increased $2 million during the same period. How might this situation be explained?
Write down the household's budget constraints for period 1 and 2 and identify the current account.
How many units of phosphorus will these two firms emit if the phosphorus emissions are left unregulated? What is the socially optimal level of phosphorus emissions in the river?
What impact would this have on the Kitty Litter market and the individual Kitty Litter producer in the SR? In the LR? Carefully Explain.
The problem in economics in price theory deals with deriving maximum marginal utility and marginal rate of substitution.
Using two graphs, show consumer surplus before and after government intervention.
Dsecribe a complete business cycle (trough, peak, expansion, recession), focusing on what happens to output, investment, employment in each phase.
Examine the factors that determine the price of computers in a free market.
Describe the market growth rate for product and service.
Current economic theory and their application or lack of application to contemporary economic problems
The details about three identical firms operating in Cournot competition are given. The demand curve with marginal revenue, profit maximization, optimum quantity, total demand and market price related questions are answered.
What is the Marginal Rate of Transformation between sugar and tea?
Case study analysis about optimum resource allocation: - Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..
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