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What assumptions cause the immediate-short-run aggregate supply curve to be horizontal? Why is the long-run aggregate supply curve vertical? Explain the shape of the short-run aggregate supply curve. Why is the short-run curve relatively flat to the left of the full-employment output and relatively steep to the right?
aerotron electronics is considering purchasing a water filtration system to assist in circuit board manufacturing. the
each month a brokerage house studies various companies and rates each companys stock as being either low risk or
As you may recall from the readings, money demand rises when the price level rises because people will need more money to make their everyday purchases. For example, if the price index rose from 100 to 140.
imagine that in the market for loanable funds the equilibrium interest rate is equal to 10 and the quantity of loanable
Whether programs with offensive features can appeal to the squeamish
A new contraption to help you eat yogurt easily while driving, autogurt, is now on the market. It costs Justin $2 in equipment per unit, and takes him approximately 6 min to make. Justin charges $20 per hour. Justin additionally pays an electricit..
An industry contains two firms, both with cost function TC(y) = 30y. The demand function for the firms' output is p = 120 - Y, where Y is the total output (Y=y1+y2). What are the firms' outputs and profits in Nash equilibrium of this duopoly model?
1. has the absolute advantage in sending emails while has the absolute advantage in typing pages.a. jennifer
assume that apple industry wants to merge with another software company such as microsft and has to make some long
Identify production level to maximize profits Explain how to balance fixed and variable costs Apply economic cost concepts in making business decisions learning team reflection
describe both quotas and tariffs. how do they impact domestic prices and deadweight loss? how does an import quota
Allen and Aimee put $70,000 of their own money into the firm
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