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Consider the following scenarios and state the expected change in the supply or demand curve. You should note whether the scenario indicates a shift of the curve or movement along the curve. You are a supplier of widgets. The technology available to produce your product suddenly improves.
How many popsicles will be sold/supplied each day in the short run if the price rises to $4 each per day
Suppose the demand curve for a monopolist is q=500-p, and the marginal revenue function is mr=500-2q. The monopolist has a constant marginal and average total cost of $50 per unit. Elucidate what is the lerner index for this industry.
Assume that society changed as well as encouraged both young women as well as young men to consider a wide range of careers.
Explain how are presidential election outcomes related to the performance of the economy.
What is the deadweight loss in both markets if the price of a crate of fresh oranges is raised.
Price elasticity of demand is 1.5 and a firm raises its price by 20 percent the quantity sold by the firm will ceteris paribus.
Trades are seasonal, with higher trades during the spring also summer quarters also lower trades during fall also winter quarters. Which inconsistents of the model are statistically significant.
Assuming that the marginal product of labor is constant between 10 also 11 workers also the marginal product of capital is constant between 3 also 4 machines.
what is the size of the bank's actual reserves. Required reserves are 10 percent of transactions deposits under the assumptions of the simple multiplier formula, then eventually the money supply will increase by.
Given your understanding of bond markets, what signals is the the bond market sending in response to the downgrade. Is this problematic.
When you retire, you will combine your money into an account with a 9 percent return. How much can you withdraw each month from your account assuming a 25-year withdrawal period.
Elucidate how an individual buying a car would prefer a free GPS system to a free leather seat upgrade.
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