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What assumptions cause the immediate short run aggregate supply curve to be horizontal? Why is the long run aggregate supply curve vertical? Explain the shape of the short run aggregate supply curve. Why is the short run curve relatively flat to the left of the full employment output and relatively steep to the right?
a limited supply of natural gas to consume (assume that no natural gas will be created in the future). Assume the demand for cubic feet of natural gas is given by the equation, P=350-5Q, the extraction of natural gas has a constant marginal cost o..
The primary gain from international trade is increased employment in the domestic-export sector. more goods than would be attainable through domestic production alone. tariff revenue. increased employment in the domestic-import sector.
Farmer Bean is selling green beans in a purely competitive market. His output is $1,400 units, of which each has a marginal revenue of $2.50. What is his average revenue?
a.sources used to research this person 4-5 non-web based periodical date pages etc. mla with works sited on the last
What price would I want to sell my 12 posters to my 12 friends if my first friend will buy it for $11 dollars, my second at $10 dollars, and so on until that 12th friend would get the poster for $0 dollars?
Analyze recent failures in the global financial system and make at least one recommendation for systematic change that would prevent such failures from happening in the future. Explain your rationale.
1. of u.s. firms with less than 500 employeesnbsp less than 25 export less than 40 export less than 5 export over 50
1.one of the requirements of the noble eightfold path is right livelihood. schumacher suggests that the understanding
BudgetSurplus: The amount by which government revenues exceedgovernment expenditures in a given year. PublicDebt: The total accumulation of the FederalGovernment's total deficits and surpluses which have occurredthrough time.
My brother has a house worth $400,000 and he has no mortgage as it is paid off! His utility bills and insurance and maintenance cost him about $500 per month and property taxes and all other costs about another $500 per month.
How many spaghetti dinners should the firm make each day and what if the firm has avoidable fixed costs of $1562.50?
Calculate the maximum amount of revenue that the government can raise using a per-unit sales tax on consumers?
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