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Please choose the correct answer and explain your answer. The price of gasoline rising increasing the quantity demanded of the Toyota hybrid Prius, thus gasoline and the Toyota Prius are: (10 points) (Hint: What is the key fuel of the Toyota Prius) a.) Substitutes b.) Complements c.) Not related d.) Superior goods
A chemical company uses large amounts of shredded steel scrap metal in its production processes. Most of this scrap comes from 12-ounce beverage cans. What kinds of information would you need to make such a forecast?
Discuss the major obstacles to economic growth facing in "Libya" and give your advice as an economist on how to solve these issues.
A state government wants to provide incentives for single parents to enter the labor market and become engaged.
Media specialists know that receivers engage in selective retention, and thus have to create broadcasts that will linger with impact. Which of these options are true according to the media research about how receivers information from mass media?
q1. when the firms in the industry are just able to cover their cost of production economic profit is 0. consequently
q1. decreased by 4.86 per day wait for a new-patient appointment and by 5.20 per minute wait in the reception room p.
Assuming that the budget stays the same except for the interest on the debt for 10 years, illustrate what will be the accumulated debt. What will the size of the budget be after 10 years.
Describe the type of product or service offered by the company. Describe the type of data that will be contained in a relational database managed by the company.
Which of the following would shift a supply curve in a perfectly competitive market for a good? Which of the following would not occur in the short run if a binding price floor were raised in perfectly competitive market? What is price discrimination..
A man went to his bank and borrowed $750. He agreed to repay the sum at the end of three years, together with the interest at 12% per year, compounded annually. How much will he owe the bank at the end of three years?
Demand Function: Q=1,000 - 40 P MR=25-0.05 Cost Function: 4,000 + 5Q How do you achieve the optimal price and quantity? How do you formulate the solution?
Elucidate the equilibrium price and equilibrium quantity. Suppose the price is currently $2. What problem exists in the economy? What would you expect to happen to price.
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