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At the 2013 Winnebago County Fair a vendor is offering a "fair special" on sandals. If you buy one pair of sandals at the regular price of $50, you get a second pair at a 40% discount, and a third pair at half the regular price. Javier took advantage of the "fair special" to buy three pairs of sandals. What percentage of the $150 regular price did he save?
what happened to real output? by how much would the price index have had to rise for real income to remain constant?
Assume that initial GDP is $1,000 and we want to expand it to $1,600. Average MPC for the country is 2/3. What should be the new level of government spending if the initial level is $100. Also how much of a tax policy change reach to the same results..
You are trying to decide between buying a Toyota Camry and Honda accord. The initial cost of Camry and accord are $23,000 and $25,000, respectively but the annual maintenance of Camry is estimated to be $200 more compared to accord. What is the incre..
What is each fisherman's profit-maximizing output now. Find the market price and the total output.
If you each charge a high price, you each earn profits of $200. If you charge different prices, the one charging the higher price loses $50 and the one charging the lower price earns $300.
Discuss how the two alternatives listed differ on the public-private continuum. Also describe how appropriate public policy might differ as the industry moves.
Suppose you are a marketplace analyst specializing in theme parks also you're examining Disneyland's stock.
Compute the CV and EV associated with this price increase. how would you interpret these.
q.graphically prove or disprove the following statement. explain your reasoning. after last years strike baseball has
A farmer determined a natural gas preserve on his property.
q1. suppose demand function for good x is estimated to be qx 8000 - 400px 200py 0.5inbspi average income px price
When you purchase and eat a hamburger, no one else can eat the same hamburger. When you download a file on the Internet, the file is still available.
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