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In the market for used cars we have 10 sellers, willing to sell at the prices of $1000, $2000, $3000, $4000, $5000, $6000, $7000, $8000, $9000, $10000. What could the market price be in order to induce five sellers to offer their cars for sale?
In your opinion, what type of market structure do Australian Banks operate in? Justify your answer with reference to the above article, research and theory
the malthusian model to describe the situation in twilightia. in particular the relationship between its income per
Springsten Music Corporation earned $820 million last year and paid out 20% of earnings in dividends. By how much did the company's retained earnings increase?
What are the expected benefits of this plan? do you thing it gonna answer all the questions demanded in the economic sector?
Consider the following two good pure exchange economy: Alfred's utility function is U A (x, y) = min{x, y} and Bob's utility function is U B (x, y) = max{x, y}.
1. What is the relationship between the isoquant map and the production function? 2. What is measured on the axes of a diagram of isoquant?
Suppose that the city government in Madison sets an effective price ceiling on apartment rental prices. What can be said regarding the effect of this price ceiling on the apartment rental market - what can be said about the new production bundle?
Determine the rate at which Mitsubishi can rent capital and the marginal productivity of labor at its new targeted level of output. To minimize costs Mitsubishi should hire capital and labor until the marginal rate of technical substitution reache..
Given his current output level, his marginal cost is $40 (enter your response to the nearest dollar) and his average cost is $ (enter your response to the nearest dollar Can you assist with "his average cost" I thought it was 42 but that was inc..
(a) Carry out the calculations needed for this invoice. The customer is given a discount for paying within one month. The customer pays €166.99. (b) Calculate the percentage rate of discount for paying within one month.
Vera, a single individual, receives $18,000 of dividend income and $38,000 of interest income from tax-exempt bonds. Vera also receives Social Security benefits of $16,000. What is Vera's gross income?
Other things being equal, a rise in a country's terms of trade increases its welfare. What would happen if we relax the ceteris paribus assumption, and allow for the law of demand to operate internationally
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