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Classical economics and Keynesian economics
Compare the ideas of the Classical economists with the ideas of John Maynard Keynes, and explain what kind of revolution the Keynesian revolution was?
Exchange and markets, Demand supply and market equilibrium
Explain why Brownstown's management was reluctant to release this information to its lenders.
Which of the following strategies are used by businesses to capture consumer surplus? Nash equilibria are stable because
Proponents of trade liberalization which freer trade might actually improve the quality of the environment.
If you have two items which are complements in consumption and the price of one of them goes up, what happens to the demand of each of the items.
Use the expenditure approach to comput GDP. Use the income approach to calculate GDP.
Airway Express has evening flight from Los Angeles to New York with average of 80 passengers and return flight the next afternoon with average of 50 passengers. Should the airline remain in business?
Illustrate what happens to the supply of new homes. What happens to the demand for new homes.
Compute the total revenue and total economic profit at each level of output. Compute the pizza shop's marginal costs and marginal revenue level of output. What is the profit maximizing rate of output for pizza shop?
Office building maintenance makes call for the stripping, waxing, and buffing of ceramic floor tiles. This work is often contracted out to office maintenance firms, and both technology.
In the 1990s Japan reduced its exports of automobiles to the United States by 28 percent. If you were the manager of a US car dealership, explain how would this affect your pricing strategy.
Later Henry ford invented the assembly line for manufacturing automobiles, other automobile firms copied his invention.
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