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Q1. The demand for commodity X is represented by the equation P = 10 - 0.2Q also supply by the equation P = 2 + 0.2Q. (1) Refer to the above information. If demand changed from P = 10 - .2Q to P = 7 - .3Q, the new equilibrium quantity is:
Q2. On March 1st you purchase a flat screen digital television with amazing surround sound on credit from TV Land. You sign a credit agreement, giving TV Land a security interest in all consumer goods currently owned or subsequently acquired. On April 1st you purchase a new home Calculate on credit from Calculate Land, signing a similar agreement.
If you fail to make your payments to TV Land, do they have a claim to your Calculate? Does TV Land or Calculate Land have to file a financing statement?
Suppose that on January 1, the price of one hundred yen was $0.80 and PPP held. Over the year, the Japanese inflation rate was 5 percent and the U.S. inflation rate was 10 percent.
Gains from trade will result if a country specializes.
Discuss the difference between them and explain the managerial actions that can influence the firm profitability.
Microsoft emerges to have a monopoly with over 90% of the personal Calculator operating market. Why then would it not be charging a monopoly cost.
Illustrate the significance of resource pricing explain rule or criteria of employing for resources under pure and perfect competition.
If consumption and government purchases go up, what happens to GDP in the long run. Show this graphically.
How much equity would she have had in the house at the time of its sale.
Why as a result of rise in exchange rate, the amount of imports fall but not as much as it does when the supply is perfectly elastic.
The opportunity cost of Juan's time is $8 per hour. If Juan receives $2 per pound for his fish, what is the optimal number of hours he should spend fishing.
Compare the competitive price charged and quantity produced under perfect competition and monopoly. Other than identifying the presence of only one producer under monopoly, why do we tend to see this differential.
Why does hedging usually take place with a forward contract.
Illustrate what real world factors may affect the stability of our banking system also Illustrate what might Americans do to better understand the importance of this banking sector.
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