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Suppose that the carnival and the circus have both come to town, and are both o?ering free admission. You have 6 free hours to kill. Draw the BUDGET LINE that shows your options for how you can spend the day.b) Now suppose that the carnival institutes an admission fee of $2 per hour and the circus institutes an admission fee of $4 per hour. You still have only 6 hours to kill, and you also have only $20 to spend (in other words $20 is your income) . Draw your NEW budget
Explain what the GDP cost index is and what is its role in differentiating nominal GDP and real GDP.
Why do proponents of active policy recommend government intervention to close an expansionary gap. Some economists argue that only unanticipated increases in the money.
Find out the Nash equilibrium prices of the procedures at the hospitals. find out the profit maximizing monopoly prices of the procedure at each hospital.
I am looking at about 50 companies over a five year period. I need a measure for total shareholder wealth that is relatively easy to compute.
One months ago, they added five workers and productivity also increased by 50,000 pages. Copiers cost about twice as much as workers. Would you recommend they hire another employee or buy another copier.
Illustrate what is point cost elasticity of demand with respect to company f for values of independent variable.
If it wants to accomplish this change in the money supply using open-market operations, what should it do.
Which is most likely occur under a system of clearly defined and enforced private property rights.
What factors determine the intensity of rivalry in an industry. Is the intensity of rivalry in the PC industry high or low.
Please use this discussion board to describe the events that characterized the onset and deepening of the financial market.
Explain why an industry in a perfectly competitive marketplace would choose to remain in business, if its profit is zero at equilibrium.
Elucidate how each change mentioned in the article impacts upon the aggregate expenditure model.
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