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Q. Why is an increase in number of varieties of a good regarded as a gain from trade? Can you think of economic disadvantages associated with greater product variety? Please explain in detail.
Q. If consumption increases by $12 billion when real disposable income increases by $15 billion, illustrate what is value of MPC?
You are the manager of a local sporting goods store and recently purchased a shipment of 60 sets of skis and ski bindings at a total cost
Illustrate what way might society gain if Fed implements policy you have proposed instead of simply permitting long-run adjustments to take place.
What would happen to the position of the demand curve for dental services if patients had to wait even longer for an appointment with a dentist.
Illustrate what Monetary strategy Tools should the Federal Reserve use to fight a recession. Describe them thoroughly.
Calculate the marginal cost function. What is Chill man's profit-maximizing cost as well as output combination.
Calculate the four combinations of outputs of corn and rice for these 4 plans.
Ilustrate what is the equilibrium cost in the corn chip market. How many corn chips will be bought by children and how many by adults.
Explain how many units of labor and how many machines would the firm use to produce 40 units in the cheapest possible way.
The risk-free rate of return is 3.5 percent. Illustrate what is the current value of one call option on this stock if the exercise price is $40.
Illustrate what would be the production possibility frontiers for Brazil as well as the United States.
Illustrate what is the 95% confidence interval estimate of the population mean examination score if a sample of 200 applications provided a sample mean of Xbar=935
Suppose, on the other hand, that the second country retaliates with an export subsidy of its own.
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