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If market inverse demands in two markets are p1(Q1) = a1 − b1Q1 and p2(Q2) = a2 − b2Q2 and the firm produces according to C(Q1, Q2) = c1Q1 + c2Q2, determine the firm’s optimal quantity, price and profit level.
Explain how this investment capital is transformed into fixed capital goods, new technology, and cost reduction using new methods of production.
The government is contemplating to implement actions to prevent climate change. If no action is taken then climate change will happen with a probability of 20%. There is a probability of 100-20 that there will be no climate change. We will not be abl..
Suppose the government increases purchases in an economy with a recessionary gap. How would this policy affect bond prices, interest rates, investment, net exports, real GDP, and the price level?
Explain how would you show this with a simple supply and demand diagram. If this firm was monopolistically competitive with a "u-shaped" cost structure, how would you show the results of this firm's attempt to increase its profits.
While preparing Margaret's 20X4 tax return. John discovers an error on her 20X3 tax return, which Margaret prepared herself, in which Margaret's adjust gross income was understated by $ 10,000, roughly ten percent of her Adjusted Gross Income (AGI). ..
Direct investment inflows by foreigners into the United States have been sizable in recent years. How might this net inward movement of capital affect the level and pattern of U.S. trade according to the Heckscher-Ohlin model? The level of world outp..
Suppose that consumer price index at year-end 2011 was 150 and by tear-end 2012 had risen to 160. What will be the inflation rate during 2012?
"The role members of Congress serve in acting on behalf of the interests of the home constituents and nation regardless of whether constituents would immediately approve of the members' decisions" If you were a legislator and had to decide whether to..
q1. assume that restaurant charges 11 meal for 180 meals as well as that the marginal cost of the 180th meal is 8 in
Describe how much the consumer plans to spend in each year and how much she borrows or lends in the first year.
Explain rational expectations in your own words. Using the rational expectations model is the U.S. stock market efficient? Why or Why not?
Explain what the political motives are behind more third world countries joining the international market. What is/are the motivational factors?
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