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Assume that a nation’s marginal propensity to consume is 0.9, and that its potential GDP exceeds its actual real GDP by $5000. By how much should that nations’ government change taxes in order to completely close that GDP gap?
q.alchemy l is the price leader in the poly-glue market. all ten other manufacturers follower f firms sell poly-glue at
During the last 10 years, Orlando, Florida grew rapidly, with new jobs luring your people into the area. Despite increases in population and income growth that expanded demand for housing, why the price of existing houses barely increased.
illustrate what would you estimate the difference between the inflation rates of the U.S. also Japan.
Does the widget production function exhibit constant, increasing or decreasing returns to scale.
If the machine could instead be leased for two years for some monthly payment (paid at the beginning of each month), what monthly cost would be equivalent to the original schedule of payments?
What do you think that Apple's ability to control the pricing of downloaded song is likely to change in the future.
q1. currently there is an incumbent monopoly in a market. a potential entrant may enter. the incumbent can spend x
Consider a homogeneous duopoly market where two Örms compete in prices (Bertrand). Demand is given by D(p) = 16 2p. There are no production costs.
Probabilities of A and B performing successfully for 1,500 times are .96 and .92, respectively, and are independent. What is probability that product will operate properly 1,500 or more times.
q1. some restaurants offer all you can eat meals. how is this practice related to diminishing marginal utility? what
Raise or Lower Tuition? Suppose that, in an attempt to raise more revenue, Nobody State University increases its tuition. Will this necessarily result in more revenue?
Can Economic Analysis be used as a tool to discover truth and to assist in solution of concrete/major problems in an organization. How.
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