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Consider the following statements, based on a positive economic analysis that assumes that all other things remain constant. For each, list one other thing that might change and thus offset (change) the outcome stated. Increased demand for laptop computers will drive up their price. Falling gasoline prices will result in additional vacation travel. reduction of income tax rates will result in more people working. 2. Categorize each of the following conclusions as being the result of positive analysis or normative analysis. A higher minimum wage will reduce employment opportunities for minimum wage workers. Increasing the earnings of minimum wage employees is desirable, and raising the minimum wage is the best way to accomplish this. Everyone should enjoy open access to health care. Health care subsidies will increase the consumption of health care.
Incorporate tastes into economic models only to the extent that tastes determine whether pairs of goods are substitutes or complements.
What role does Mudaraba allow IAH, in their capacity as Rabbul Mal.
Compute the industry o/p also marketplace share at the present price of $2,200, assuming the prices are stable also un such as to change.
Explain how does capital help human productivity in relation to farm labor, office help, teaching, or government administration.
Can you find a Nash equilibrium in pure strategies that is not efficient. Find the sub game perfect equilibrium as a function.
The same size of word for data and instructions, what is the size of each data register. Elucidate what is the size of the instruction register of the computer in the fist question.
Describe the factors that influence the reliability of time-series forecasts. Under what circumstances would a time-series model offer a fairly reliable forecast?
Managerial economics and should include other criteria such as social responsibility and ethics. Remember to cite your authority and be careful not to plaigerize.
If fixed costs increase to $1200, what will happen to equilibrium price and quantity.
Why can re be multiple steady states for a given. What is maximum decit compatible with a steady state.
How do the buyer's returns compare with the method of payment, and how do they compare with single versus multiple bidders.
Illustrate what is the marginal revenue product function. Assume which most workers in Pakistan work 48 hours per week also which there are four weeks in a month.
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