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Please post an article about why the oil prices decreased in the last couple of years. You should write a short paragraph explaining what you found interesting in the article using tools from microeconomics such as supply, demand, elasticity, oligopoly, coalitions, cartels, game theory, etc.
Suppose that the monthly demand function of a particular commodity is given by P= 200 -0.4x and the supply function is P = 0.2x + 80 where x is the number of units demanded and supplied and P is in pesos. Determine the equilibrium prics and quantity
q.given your answer in part b if px would increases by 10 by what percentage would sales decrease? what impact would
Clarify what happened to the profit maximizing output rate when input costs were increased.
Externalities Public Goods Lack of Information in the market Too much competition all the above are reasons for market failure
How does a government budget deficit affect the economy? Identify two periods in recent history in which the United States has run budget deficits. What were the reasons for the deficits during those time periods?
Write a essay about 300-400 words about Gross Domestic Product of Viet Nam : analysis of Viet Nam economy's GDP composition and growth over time, as well as an investigation of Viet Nam's basis for income generation and any and all constraints to gro..
To increase his market share in the fast food market, Jim would like to increase sales of the firegut to 750 per week, what price should jim set?
The Cole family owns a house with an alarm system that they activate whenever they leave the house. Recently, the Cole family purchased homeowner's insurance that fully covers all losses. After purchasing the insurance, family members haven't been us..
Why are the negative externalities associated with the Barclays Center, which opened in 2012 in Brooklyn, likely to be greater than the negative externalities associated with the Staples Center in Los Angeles, which opened in 1999? Carefully explain ..
1. discuss the pros and cons of central banks setting policy based on rules as opposed to setting policy based upon the
If the world economy expands so that foreign demand for U.S.-made goods increases, in the short run Illustrate what will happen to aggregate demand, the price level, and real GDP in the U.S..
Suppose that international markets expect inflation to average 1.7% in germany for the foreseeable future, and U.S. inflation is expected to average 1.5%. Based on that information one should expect the dollar to:
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