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Explain (with the help of an example) the concept of derived demand for factors of production. The answer must be explain the concepts as if your explaining it to a person who have no knownlege with the subject.
What is the equilibrium price. What is the equilibrium quantity. If the price was $7, what would be the quantity demanded
Which of the following shifts the short-run aggregate supply to the right?
Jose rents office space for $20,000 per year. He uses the office to fill out tax returns for 1
What statistics and linear algebra book do I need before reading Hayashi's Econometrics? Basics linear algebra book seems too simple for the linear algebra part, and Casealla's statistical inference is missing out detail/too basic for the statistical..
If the Fed buys government securities, then there is
Two plants are emitting a uniformly mixed polllutant called gunk into the beautiful sky over Tourist Town. The city government decides it can tolerate total emission of no more than 100 kg of gunk per day.
Consider an economy with two sectors, high tech (H) and low tech (L), and three types of workers: scientists (S), managers (M) and blue-collar (B). S and B are the septic factors of the H and L sectors, respectively. Managers can work in both sectors..
If the slope of the yield curve increases (steepens) after a decrease in the federal funds rate:
How would your productivity in completing coursework be measured? Has your productivity changed since you began college? What caused the productivity changes? How could you increase productivity further?
Consider a market demand curve that can be expressed as P = 300 - 3 Q. Each of the firms currently serving the market has a total cost function of the form C = 40 q so MC = ATC = 40. There are no fixed costs. If the market is served by a (short-run) ..
Cooperation among oligopolies runs counter to the public interest because it leads to underproduction and high prices. In an effort to bring resource allocation closer to the social optimum, public officials attempt to force oligopolies to compete in..
Liquid crystal display (LCD) screens are a key component in computer monitors. What would happen in the market for monitors if the price of LCD screens decreased?
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