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If he estimates that the industry supply function for computers in the town is P = 700 + .5Q, how many computers will be sold at equilibrium and at what price would the producers be selling?
Roma was a schoolteacher and earned $40,000. But she enjoys creating cartoons, so at the beginning of 2003, Roma quit teaching.
Compute equilibrium price also quantity. Illustrate what would have occured if price had remained the same
Illustrate what do your previous answers imply for the price of haircuts relative to the price of food.
Elucidate how the solow growth model differs from models of endogenous growth with respect to the sources of technological progress and returns to capital.
As result government increases border patrols to catch illegal shipments. U.S. Customs agents perform DNA testing on the caviar to conclude
Could trade help reduce poverty in Brazil and other developing countries. How do product and factor prices and wages eventually equalize between the two countries.
Explain what do you think the fact that most American CEOs are paid so much more than rank-and-file employees suggests CEOs are overpaid.
Illustrate what is the meaning of economies of scope and explain how do they differ from economies of scale.
Illustrate what price also quantity would prevail after the imposition of the tax
Elucidate how much they can accumulate over 25 yrs if they move the money into a money market mutual fund earning 5 percent.
Explain why is the index of industrial production an appropriate coincident indicator. Why is the average prime rate charged by banks an appropriate lagging indicator.
Illustrate what is the present macroeconomic situation (e.g. worrying about inflation also/or recession) in the U.S.
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