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Share 2 or 3 experiences in your life when you either benefited from the over supply (think sales and discounts) of a product or when you had to pay more for a product because it was in high demand.
Derive the pro?t frontier, and explain why total pro?ts fall as the ?rms redistribute pro?t between themselves by redistributing output.
What are excess reserves? Why would banks keep them? How do banks current holdings of excess reserves compare to what they have historically held? Why?
1.what impact do natural resources have on economic growth? will it be possible for a country with few natural
according to the textbook the profitability of cable tv service is approximately 5 that of petroleumnatural gas is 10
assume the following game is played one time only. based on the information in the payoff matrix pnc bank and
The owners of the copper smelters to operate each smelter longer than has been the practice in the past affect the elasticity of demand for labour in the copper industry.
The demand for illegal drugs is inelastic. Much of the expenditure on illegal drugs comes from crime. Assuming these statements to be correct, How will a successful campaign that decreases the supply of drugs influence the price
A company obtained $500000 for a necessary technology from a venture capitalist who charges them 24% compounded monthly. the agreement calls for no payment until the end of the first month of the fourth year, with equal monthly payments thereafter..
assume perfect competition. summerland is a small country that takes world price of corn as given. its domestic supply
1. complete the following
without knowly the demand function can we say how much broccoli each firm produces in long run equilibrium? if so under which assumption. if not explain why?
Based on the data provided, what is the opportunity cost of producing pastries and sandwiches in Northland? What is the opportunity cost of producing pastries and sandwiches in West Coast?
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