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1. A local market for clay bricks has weekly demand described by P=1.55-0.008Q and supply described by P=0.32+0.0012Q. Calculate the equilibrium quantity
2. A local market for clay bricks has weekly demand described by P=1.55-0.008Q and supply described by P=0.32+0.0012Q. Calculate the equilibrium price
3. In response to a price decrease from $27 to $22, sales quantity increases 13,200 to 14,800. Calculate the absolute value of the price elasticity of demand
Illustrate what is the condition that determines whether or not the developer should assemble the parcels.
The main goal for the system is to detect adversaries in a company network.
The lifetime of traditional light bulbs measured in hours is known to be normally distributed with μ=100 and σ=20. What is the probability that a randomly selected traditional light bulb will have a lifetime of 85 hours or longer?
The Madison location is the central headquarters for Badger Widgets. They have a full IT staff along with an established network infrastructure that includes Windows Server 2008 servers
This means that economists looks at our limited resources - like money, time, energy, intelligence etc. - and how we decide what the best choices are for how to use them, with the goal of maximizing the benefits. As you can see, this opens up almo..
q.suppose you currently consume 10 cups of coffee every week on a cost of 4 each at the local four bucks. one day you
Compute the amount of the natural employment deficit in terms of both billions of dollars and as a percent of natural real GDP.
Is there a downside to the global economy evolving to be based completely and wholly on the law of comparative advantage? What risk if any does a country assume by making production decisions only according to the law of comparative advantage.
Now suppose that, instead of a price ceiling, the government charges an excise tax of $3 per unit. Solve for the new equilibrium price and quantity after this tax is imposed, and the amount of revenue raised by the government.
Your firm is in a major industrialized state, which has a state corporate tax rate of 9.5% of taxable income. If your firm has a gross income of $500,000, operating expenses of $275,000, and depreciation charges of $75,000: a) What is the taxable inc..
Consider the following economy: C=3,I=1.5,G =2.65,T=2,f=0.5,d = 0.1,mpc =0.8. Write the mathematical expression of the consumption function. Write the mathematical expression of the investment function. Find the IS curve and graph it.
Show the effect in the market for wooden furniture, if the president passes a new law that say you cannot cut down any trees
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