#theory of consumer., Microeconomics

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Microeconomics, Consider the market for purple magic markers. The demand fo...

Consider the market for purple magic markers. The demand for purple magic markers is perfectly elastic and the supply is upward sloping. If sellers of purple magic markers are taxe

Traditional food processing methods, discuss african traditional methods of...

discuss african traditional methods of production and processing of food

Explain monetarist and monetary policy, Explain Monetarist and Monetary pol...

Explain Monetarist and Monetary policy Monetarist:    A group of economists who believe that alters in the money supply are the most effective instrument of government economi

Quantitatif method, When the demand function is 2Q - 24 + 3P = 0, find the ...

When the demand function is 2Q - 24 + 3P = 0, find the marginal revenue when Q=3.

Consider an upstream firm in russia that mines iron, Consider an upstream f...

Consider an upstream firm in Russia that mines iron ore at a total cost of $15 q , where q is the number of tons of ore. This upstream firm then ships ore to Germany for processi

Marginal social benefit, Consider the following information relating to the...

Consider the following information relating to the pulp market.   Demand     Supply   Output(tonnes/ da

Marginal Cost, The question states that a hotel charges $60 a night for a r...

The question states that a hotel charges $60 a night for a room per night during off peak. This hotel has a fixed cost of $75 per night and variable costs of $40 per night (only ap

Types of inflation in a country, (a) Describe the different types of inflat...

(a) Describe the different types of inflation in a country. (b) Describe the trade-off between inflation and unemployment, using appropriate diagrams. (c) Mauritius has bee

What do you meant by financialization, Q. What do you meant by Financializa...

Q. What do you meant by Financialization? Financialization: The trend under neoliberalism through that real production in the economy is accompanied by an increasing degree of

Price gouging, In John Stossel's article, "In Praise of Price Gouging", Sto...

In John Stossel's article, "In Praise of Price Gouging", Stossel argues that a law banning price gouging would result in a two-block line for gasoline after Superstorm Sandy. a.

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