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Q. During World War II, both Germany and England had plans for a paper weapon: they each printed the other's currency, with the intention of dropping large quantities by airplane. Why might this have been an effective weapon?
Q. Suppose the demand and supply for chocolate bars is given by the following equations:
Qd= 1600-100PQs= 1400+700P
Find the equilibrium price and equilibrium quantity of chocolate bars.
Assume there is a 50% chance of the savings account losing half your money. Elucidate how much does the person save now?
Draw the wage-schooling locus for someone for whom returns to schooling decrease through college but increase after college
Purchase the machine it is currently renting for $150,000. This machine will require $20,000 every year in ongoing maintenance expense.
Assume that the firms act independently as in the Cournot model i.e., each firm assumes that the other firm's output will not change.
Why may the effective patent life of a drug be shorter than the legal life. Explain why may the effective patent life of a drug be longer than the legal life.
Describe three problems of decentralization that occurred under the Articles of Confederation. For each problem you list, identify one solution that the Constitution provides to address the problem.
Illustrate what can we say about the elasticity of demand for Larissa's legal services. Elucidate which is consistent with the direction of these shifts
Suppose population growth rate is 0.03, inome elastiity of demand for consumption is 0.75 and inome growth rate of 0.05. what would be the growth rate of agriultural production for balaned growth of the economy.
When you apply conventional finish to the wood you use traditional lacquers. The California Division of ABC has changed from conventional lacquers.
If the total fixed cost increases to $5,000, Elucidate how many papers should be sold daily for profit maximization.
Illustrate what will be the total consumer surplus to those consumers.
Compare the effects of an aggregate-demand-induced recession with an aggregate-supply-induced recession.
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