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Suppose the cross-price elasticity of demand between goods X and Y is 2. How much would the price of good Y have to change in order to change the consumption of good X by 50 percent?
Compute the percentage change in nominal GDP, real GDP also the GDP deflator.
Should you make her an offer at the salary or continue the interviewing process. Explain
Unions tie the hands of management and inhibit efficient decision making. Unions contribute to economic efficiency in that union wage pressure hastens the weeding out of the high-cost, least efficient producers in each industry.
With the passage of the Affordable Care Act the U.S. government requires that everyone have some form of health insurance. One of the provisions of the law is that firms with more than 50 full-time workers must provide health insurance to those worke..
how would you treat the possible future costs of a lawsuit that may occur as a result of this project, where the cost of the lawsuit might range from $10,000 to $500,000 with an associated probability distribution?
What is total cost of saving water. Illustrate what is marginal cost saving 1 meter cubic of water.
q.the head of the central bank of a small african nation is trying to determine whether the m1 or m2 money multiplier
Include no more than six abbreviated bulleted items for each slide in approximately 24-point font. The title slide content should include the title of the assignment, your name, your professor's name, the course title, and the date.
What is the short-run market supply curve? Determine the short-run equilibrium price and quantity in this industry.
One unit of labor can produce either 4 tons of papayas or 1 ton of bananas. Elucidate type of economic analysis is limited to testable, verifiable statements.
trace the evolution of work on the laissez-faire doctrine through two arcs. first those theorists who are trying to
find the new equilibrium GDP when I increases to 350 and all other values remain the same.
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