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Suppose that the citizens of Hungary can purchase all the oil they desire at the going international price. If the Hungarian government levies a tax on oil, who bears the burden? Illustrate your answer wit h a supply and demand diagram.
[ Hint: the first sentence describes t he supply curve. Assume the demand curve is downward sloping.)
q. brit oxygen whose global sales are generally dollar denominated needs to borrow 50000000 for working capital also
What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution
A charitable university benefactor has decided to donate a large amount of money for student scholarships.
1. in recent years consumption spending by households has accounted for about 70 of the total spending aggregate demand
What is the standard deviation for the class? b. What percentile did you score in?
q.as weve been discussing and identifying the issues that our local and global communities currently face how do you
q1. peter and sally enter a bus and two adjacent cramped seats are free. they must decide whether to sit or stand.
q.rooster4u and clucks are huge fast food chains that sell chicken lunch specials. although both lunches include 2
Illustrate distinguish between the functional distribution and personal distribution of income.
this question uses the general monetary model where l is no longer assumed constant and money demand is inversely
Explain the entities affected by industrial regulation in terms of marketplace structure.
Ruth decides to open a Doggie sweater company. It costs her approximately $5 in wool costs, and she pays $3 in labour costs to her knitting ladies. Their group meets at a hall which costs approximately $50 for rent.
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