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Assume the supply of good X is given by Qsx = 10 + 2 Px . How many units of good X are produced if the price of good X is 20?
Assume market demand and supply are given by Qd = 100 - 2P and Qs = 5 + 3P. The equilibrium price is:
Assume market demand and supply are given by Qd = 100 - 2P and Qs = 5 + 3P. If a price ceiling of $15 is imposed,
Assume the market supply for good X is given by QXs = -100 + 5PX. If the equilibrium price of X is $100 per unit then producer surplus is?
The largo Publishing House uses 400 printers and 200 printing presses to produce books. A printer's wage is $20 and the price of a printing press is $5000.00. If not, how should the manager of Largo Publishing house adjust input usage?
Dell Electronics just stumbled upon a new supplier of personal computer (PC) circuitry in Costa Rica that can supply standardized computer inputs at $70 per PC.
Should a country's income be distributed to its members based on their contributions to production of that total income or according to the member's requires?
Someone prepare the claim that immigration must always be good for the economy because the increased supply of labor will result in a higher GDP.
Colin faiths that the number of job offers he will get depends on the number of courses. He concludes from observation that the following figures are typical.
The Mor Tex Company assembles Garments by hand even though a textile machine exists that can assemble garments faster than a human.
Illustrate what trends do you see in the data sets. What would you say to Support your assertions of trends with statistical evidence.
Explain why is it wiser for the government to put a sales tax on a good that is demand inelastic than on one that is demand elastic.
Draw a graph of the Batman family's supply of loanable funds curve fro 1999. Show the influence of this change on the Batman's supply of loanable funds curve.
Assume the entire economy contains $5000 worth of one-dollar bills. If people fail to deposit any of the dollars, but instead hold all $5000 as currency, how large is the money supply?
Complete the following table by computing the marginal utility per dollar for successive units of X, Y, and Z to one or two decimal places.
The Portland Sea Dogs, AA affiliate of the Boston Red Sox major league baseball team, have enjoyed a surge in popularity.
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