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Assume consumer equilibrium (budget curve and indifference curves). Draw 3 separate scenarios: (1) the price of good x decreases; (2) the price of good y increases; and (3) the budget (income increases). In each scenario, explain the effect on the graphed lines, on the relative price between the goods, and the final consumption of good x and good y (increases or decrease).
Elucidate reason for both wage and cost rigidities including policy implications for se rigidities. Would you conclude on se reasons suggested by New Keynesian economists as relevant to unemployment situation in South Africa.
q.suppose the cfo of an american corporation with surplus cash flow has 90 million to invest and the corporation does
q1. cost mart reduces the cost of a 42 inch tv plasma from 1200 to 1000. as a result sales of tv plasmas increased from
Elucidate why it is important for managers to understand the mechanics of demand also supply in both short-run also long-run
Assume a one-time decrease in population, possibly caused by an onset of disease or a sudden out-migration.
q.the muffler on your car suddenly needs repair also there are only two automobile repair shops in town. you drive to
q1. when the federal government decreases the individual and corporate income tax rates?q2. between sweezy oligopoly
Explain why do people routinely stuff themselves at â. all-you-can-eat-buffetsâ. Elucidate in terms of both utility and demand theories.
Considering companies operate in their own self interest, should cartels be legal.
Copiers cost about twice as much as workers. Would you recommend they hire another employee or buy another copier?
Examine the key factors affecting the demand for and the supply of a good or service
The defined benefits pension fund of G-Tech Electronics has a net value of $2.71 billion. The company is switching to a defined contribution pension plan.
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