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International Trade
What is an absolute advantage? What is a comparative advantage?
Give an example where you have an absolute but not a comparative advantage
Why should we specialize and trade?
Suppose apples also oranges are substitute. Presume apple growers launch a very successful advertising campaign that convinces consumers apples are a better product.
q1. demonstrate graphically the cost of income taxation of 30 to consumers and producers for an income of
Why would an ounce of gold be priced higher than an ounce of coffee beans though coffee is generally considered more essential than gold
Elucidate a process under which the competing oligopolists can divide the cake so that the two consumers (who are also the producers) are protected from the downfalls of consumers in oligopolistic markets.
q.bond a is a premium bond with a 12 percent coupon. bond b is a 4 percent coupon bond currently trading at a discount.
Suppose that you are buying your first home. Current interest rates on a 30-year fixed-rate mortgage are 5 percent, since lenders expect an inflation rate of 2 percent over the next 30 years, thus ensuring them a real return of 3 percent. If actual i..
What is the output of each firm if they collude to produce the monopoly output. What profit does each firm earn with such collusion.
q1. from the price elasticity calculated above we can say that if the price of x increases by 10 then its demand will
Profit max level of output. Quantity firm will minimize average total cost. Illustrate at what price will y shut down.
How will you consider the structure of the fresh salmon industry to calculate the forecast. Will you advise the firm to enter the industry.
q. a a country recently passed food stamp legislation. qualified households are given food stamps which can be used to
q.in 2008 financial crisis has basis macroeconomists to re-think monetary as well as fiscal policies. financial experts
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