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Your company sells instant noodles. If you advertise and your rival advertises, you will each earn $5 million in profits. If neither of you advertise, your rival will make $4 million and you will make $ 2 million. If you advertise and your rival does not, you will make $ 10 million and your rival will make $ 3 million. If your rival advertises and you do not, you will make $1 million and your rival will make $ 3 million.
Show a point that is impossible for the economy to achieve. Show a point that is feasible but inefficient.
Assume which the mix of fiscal and monetary policies is changed such which the money supply is increased by 100 while the government.
Describe who bears relatively more of the burden of the tax, producers or consumers and illustrate your answer with a diagram.
according to the midpoint formula, the value of price elasticity of demand for Pepsi-Cola.
Illustrate what are some of the benefits also costs which contribute to your customer value from each of the subsequent products.
What is the impact on the long run adjustment due to this condition. First, look at the impact of the market and then the single firm. What does it do to economic profits or losses, then what happens in the market.
Illustrate what is currently occurring to the supply also demand for labor also its effects on wages, union membership, also other labor force related topics.
Do current politicians use to manage and influence to get reelected. Is this a "valid" use of political power.
The demand for bread will fall if more Americans go on a low diet. The cost of bread will fall due to the decrease in the demand for bread.
The difference between the cost to produce the CDs and the price you paid for them spending $30 on two new CDs spending $30 on dinner and a movie with your friends.
Demonstrate the short-run effect of this tax cut using the IS-LM model also the AD-SRAS-LRAS model. Illustrate what will take place to o/p also the interest rate.
An ongoing approach debate concerns whether to legalize utilize of drugs such as marijuana also cocaine.
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