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Explain why it is not possible for one agent to have a comparative advantage in all goods, a worked example with calculated values would be useful.
Explain how can multiplier have a -ve effect. What is the relationship among the multiplier as well as the marginal propensities.
A major bakery-cafe chain is evaluating whether they should consolidate its two offices into one location when the two leases expire. In addition, the company also needs to decide
Assume you are a producer and seller of wine. Elucidate whether the following events would affect the demand or supply of wine and the price you will receive.
Compute another firm in a competitive industry that faces a market determined price of $25. the firm is producing 10,000 units of output, and average total cost, which at its minimum value, is $25. Answer part a for this firm
potter corporation sells office supplies to government agencies. the company reports the following selected account
Explore how a firm determines the optimal scale of a plant for a given rate of output and why this determination relates to longer-run strategies versus current operations.
What would be a short-term impact on the production of the corporation. Illustrate what would be the long term.
Suppose that the U.S. the demand for phones is given by P=700-Q that the supply is given by P=200+Q. In Korea suppose the demand is given by P=600-Q and supply is given by P=50 + (Q/2). Please regard phones as a homogenous product. Prices are all in ..
What is the total market demand for polyglue at the price established by Alchem in Part (a). How much of the total demand do the follower firms supply?
What should the government limit the number of auto and parts makers, the competition for would be limited. Please explain more on this subject.
q1. suppose the number of employed people in an economy is 121166640. the unemployment rate in this economy is 10.4
In his Semi-annual Monetary Policy Report to the Congress of February 14, 2007, then Federal Reserve Chairman Ben Bernanke said: "Another significant factor influencing medium-term trends in inflation is the public's expectations of inflation.
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