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Assume that a grower of flower bulbs sells its annual output of bulbs to an Internet retailer for $80,000. The retailer, in turn, brings in $125,000 from selling the bulbs directly to final customers. What amount would these two transactions add to personal consumption expenditures and thus to GDP during the year?
if you were the owner of an automobile company and decided to market internationally what kind of competition would
Contrast the market demand/supply curves and the individual firm's labor supply/demand curve in a perfectly competitive labor market. How does the law of diminishing marginal returns affect a firm's demand for labor
Assume also that her money holdings or the price level stay constant over time. write down the “life-time” budget constraint of this farmer,assuming that her planning horizon extends only two periods into the future.
In which of these markets would the firms be facing the least elastic demand curve?
Is the firm minimizing costs? If not, what steps should it take to lower costs and still produce the same level of output?Is the firm minimizing costs? If not, what steps should it take to lower costs and still produce the same level of out..
the demand curve is given byqd500-2pxa. what is the total revenue function?b. the marginal revenue function is mr250-q.
if an organization decides to hire employees the decision must be made about the compensation method. in addition you
assuming the following demand for european luxury automobileswhere p price of european luxury carspa price of
How would you know demand has increased? (What is the first piece of information which would lead you to conclude that demand has increased?)
To intermediate the mortgage market, Fannie Mae would obtain funds through issuing short-term commercial paper, and then use these funds invest in long term debt securities, creating interest rate risk.
Graph the long run equilibrium for perfect competition. Using a similar average cost curve, graph the long run equilibrium for monopolistic competition.
Draw her budget line. Algebraically find out her optimal consumption bundle. What is her level of utility at the optimal consumption bundle? Indicate the optimal point on the budget line and draw a hypothetical indifference curve that is tangent to t..
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