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At a price of $4 per unit, Gadgets Inc. is willing to supply 20,000 gadgets, while United Gadgets is willing to supply 10,000 gadgets. If the price were to rise to $8 per unit, their respective quantities supplied would rise to 45,000 and 25,000. If these are the only two firms supplying gadgets, elucidate the elasticity of supply in the market for gadgets
Human resources that perform the functions of organizing, managing also assembling the other factors of production
The following sets of statements contain common errors. Elucidate and identify each error.
A common marketing tactic among many liquor stores is to offer their clientele quantity or volume discounts.
how the economy moves to a new equilibrium. Focus on short-run as well as long-run equilibrium.
Mustard and mayonnaise are substitutes. Mustard and relish are complements. Mustard is a normal good. During the summer, about 50% of all mustard was recalled by manufacturers and removed from store shelves.
He finds which he is overworked also which several of his research scientists seems to be spending work hours playing tennis.
Write an explanation for an interrogatory senator outlining explain how your expansionary acts would operate and what would be the effects on the economy
when markets for goods as well as services gain access to the Internet, more consumers and more businesses participate in the market.
Define Mercantilism, Pick a country and talk about the products they import and export with the U.S.A. Also talk about the composition of trade with relation of abundance of the two countries
Illustrate what is the fed funds rate in the banking system. Explain how the Fed manipulates this rate in order to achieve macroeconomic objectives.
Elucidate how changes in government spending also taxes positively do or negatively affect the economy's production also employment.
Illustrate what is price should Big Steel set to maximize its profits. Explain how much steel will Big Steel sell? How much will its competitors sell.
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