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Consumers are willing to pay p(x)=100+x+.001x^2 dollars per item when the quanity is x, with 0<x<112. Assume the market price is 10($/item ). A)What is the quanity sold? B)Write intergral representing consumer surplus. C) Evaluate the intergral from b)
Post a 1- to 2-paragraph description of the expected behaviors an individual might change because of a long-term relocation to another country. Explain how the choice to assimilate or acculturate might affect the choice of behavior changes. Explai..
Determinant of bordered Hessian matrix is 57,600. F. If income went up by $1.00, by how much would utility rise.
If people in Pantherville hold all money as currency, what is the quantity of money - what is the quantity of money?
Can you identity the consequences of a strong dollar or a weak dollar in the United States Should the U.S. take measure to ensure that the dollar retains its dominant role in global economy.
Write an essay about each of the IPE perspective has at its center a fundamental value or idea. What is the central idea of mercantilism, of liberalism, and of Marxism?
Why do you suppose R was included in the equation as a variable? If you were a supplier to the furniture manufacturer.
Between 1995 and 2000, the S&P 500 more than doubled as the U.s. experienced a technology-driven stock market boom. How does a stock market boom affect GDP? Your answer should include a discussion of the impact on relevant components of GDP.
A college economics lecture in a classroom is
What is market power? What is an oligopoly? How are the two related? I have a summer home in western Michigan. If I want to have internet service, I can buy it from Comcast.....or not have it. Is this a monopoly? Are monopolies a good idea? Why? Why ..
Assume a company has $200 in fixed costs, marginal costs are $10, and the company produces 100 units per year. How low can the price go before it is preferred to shut down? Answer the question for the short run and for the long run
Assume that books were sold in a perfectly competitive market. In response to consumer complaints about the high price of books, the government imposes a binding (effective) price ceiling. In order to be effective, where must the price ceiling be set..
You take $1000 you had kept under your mattress and deposit it in your bank account. If this $1000 stays in the banking system as reserves and if banks hold reserves equal to 20 percent of deposits, by how much does the total amount of deposits in th..
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