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Select an article in a newspaper or magazine that discusses a government policy on goods or services. Analyze the situation and write an articulate and informative paper containing the following:
Adhere to the following standards:
Consider the market for laptop computers. The demand for laptops is Q = 1800 - 3P. Suppose the supply of laptops is given by Q = -200 +2P. What is the equilibrium price of laptops?What is the equilibrium quantity of laptops?
Explain how the market economic system works to answer the fundamental economic questions. Explain how this may differ from a command economic system. Historically, which has worked best and why?
Joey lends Dave $150 for a toy car. Joey will accept weekly payments of interest only (at the end of each week), at nominal yearly interest rate 6%, as long as the original balance of the loan will be paid off in a year.
Assume that a new law stated that any person could print their own money. Determine what kind of changes would come about in daily commercial transactions as a result of such a law?
consider an economy that produces only two goods fresh apricots and dried apricots. in this economy the technology of
Explain why the AD curve has the slope you calculated as a result of the "wealth effect" - Explain why the AS curve has the slope you calculated as a result of the "sticky price theory".
develop a web-based application to improve development and delivery of products and services. there are currently
during the period 2006 through 2010 housing production in the united states fell from a rate of over 2.27 million
a buyer for a large department store chain must place orders with an athletic shoe manufacturer six months prior to the
The real risk-free rate of return has been estimated to be 2 percent under current economic conditions. The 30-day risk-free rate (annualized) is 5 percent. Twenty-year U.S. government bonds currently yield 8 percent.
A production function is given by F(K,L) =2L(K)^1/2 (note output q= F(K,L)). In the short run K=25, and r =5, and wages are given by w. Derive the average cost, the marginal costs, and the total cost of this production function. Does it possess the p..
a suppose the income elasticity of demand for pre-recorded music compact disks is 4 and the income elasticity of
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