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Describe which curve(s) shifted, explain why it shifted (shift factor), in which direction (right or left), and what is the resulting equilibrium price and quantity in comparison to the beginning price and quantity. The Organization for Petroleum Export Countries raises oil export production. Market: global oil.
In most political campaigns, candidates promise more than they can deliver. In the United States, both Democrats and Republicans promise better health care, a better environment, only minor reductions in defense, better education, and an improved sys..
Explain the practical effect of price controls on product and service availability, quality and true cost. What is the full impact of rent controls? On whose behalf are they imposed? Who are the winners and who are the losers? What is the impact of p..
Carbon Tax/Emission Trading scheme – Compare Australia with one of these countries or group of countries like Europe,USA and China/India and discuss the similarities or differences in ETS and its affect on the economy
Suppose a country has a production function that exhibits constant returns to scale. Starting from an initial steady state with population growth rate n and a rate of capital depreciation Delta, the country is devastated by an epidemic that quickly k..
suppose that the demand and supply functions for good x are as followsqd 75 .004m - 4pqs -43 - .4pi 3pa. is this
Which of the following DOES NOT correctly describe how the various theories of the term structure of interest rates explain a "flat" yield curve?
Show graphically about what happens to utility level and elucidate why the result is plausible.
Suppose a wage increase from $19 to $21 an hour increases the number of job applicants from 50 to 64. What is the price elasticity of labor supply?
submit data findings that include economic factors within that area that may influence your decision, or factors that have prohibited an area to be chosen.
Artsy T-Shirts sells 100,000 shirts a year, priced at $14 each. The company can produce any number of shirts at a constant cost of $10 each. It is considering expanding its sales by lowering the price to $12. What minimum increase in sales would be n..
Effective target marketing requires marketers to do which of the following?
A firm’s labor demand and labor supply equations are shown below. The equilibrium wage is $? and the equilibrium quantity of labor employed is ? people.
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