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Continuing from question 1, suppose there is a newcomer (indexed by C) to this (verysmall!) community with the following demand curve for water, P = 30 - 2q <---- ((Note. There should be a c sub set under the q.)) What is the new market demand curve (be careful)? Draw this demand curve and represent it inequation form.
desired consumption is cd 100 0.8y - 500r - 0.5g and desired investment is id 10 -500r. real money demand is mdp y
rite a 4-6 page paper in which youanalyze and describe the impact of the different forms of regional trading
If you receive a free ticket to a concert, what, if anything, is your opportunity cost of attending the concert How does your opportunity cost change if miserable weather on the night of the concert requires you to leave much earlier for the conce..
Joe and Rebecca are small-town ready-mix concrete duopolists. The market demand functionis Qd = 10,000 - 100P, where P is the price of a cubic yard of concrete and Qd is the numberof cubic yards demanded per year. Marginal cost is $25 per cubic..
1. How can the high unemployment hurt the growth of the GDP. Is the U.S. economy primarily driven by consumers or businesses? Why?. Let's look at the "crowding out effect". Please explain and define the crowding out effect,
If De Beers charges the monopoly price, how large is the individual consumer surplus that each buyer experiences? Calculate total consumer surplus by summing the individual consumer surpluses. How large is producer surplus?
Assume that keynesian model applies to the economy in the short-run. After the stock market fell sharply in 2008, the aggregate denabd decreased greatly around the world. in order to prevent the short-run economic recession, which monetary policy ..
Explain the monetarist's quantity theory of money including the significance of each component of the exchange equation and the assumptions of the model. If our goal is to focus on growth in the economy, how does this theory affect policy makers
question consider that a country can produce just two things goods and services. suppose that over a given period it
Does the Law of Demand hold for Natty Light? Prove using calculus.Is Natty Light a normal or an inferior good? Prove using calculus.
suppose the alternative that the open market desk does nothing different that is they hold the amount of reserves
In the past decade, the United States has been running extraordinary large foreign trade deficits. This is possible by the. The purchasing power parity theory (PPP) of the exchange rate implies that the real exchange rate between two countries
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