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A year of unusually bad weather for agriculture would:
1) increase SRAS but not LRAS.
2) increase SRAS and LRAS.
3) decrease SRAS but not LRAS.
4) decrease SRAS and LRAS.
Has consumer surplus been affected in any way due to the changes in the auto structure of industry
Daniel Dynamite runs a high end car wash called “Daniel’s Car Wash” … he’s not very creative. The car wash market is very competitive and Daniel has no control over the prices that he can charge. Concerned that he is leaving money on the table, Danie..
Suppose that you own a 25 year old movie theater in Micropolis. It has 6 screens and a concession stand. Across town there is a 7 year old movie theater with 4 IMAX screens and 20 more regular screens. Define price discrimination. Describe a price di..
Human Capital Investments. Suppose that the marginal cost of an additional unit of human capital is given by MC = 400 and the marginal benefit is given by MB = 800 ? 25HC , where HC is the number of units of human capital. Graph MB and MC as a functi..
Smith likes cashews better than almonds and likes almond better than walnuts. He likes pecans equally as macadamia nuts and prefers macadamia nuts to almonds. Assuming his preferences are transitive, which does he prefer:
One of the major measures of the quality of service provided by any organization is the speed with which it responds to customer complaints. A large family-held department store selling furniture and flooring had undergone a major expansion in the pa..
Suppose that you are the owner and operator of a perfectly competitive firm with the following total cost function.
Describe the industry and explain the general pattern of change of the particular market model.
What are the strength of the neoclassical models of labor supply and labor demand. What are the weakness of the neoclassical models of labor supply and labor demand.
Why doesn’t the U.S. simply restrict all goods coming in from China? Why can’t the U.S. just minimize the amount of imports coming in from all other countries?
q.to purchase a house that cost 250000 adriana lopez made a 25000 down payment. she financed the remaining 225000 using
You decide to buy 500 shares of stock at a price of $70 and an initial margin of 55 percent. What is the maximum percentage decline in the stock before you will receive a margin call if the maintenance margin is 25 percent?
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