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During 2009, the demand for LCD televisions appeared to be falling. At the same time some industry observes expected that several smaller television manufacterers might exit the market. Use a demand and supply graph to analyze the effects of these factors on the equilibrium price and quantity and the new equilibrium price and quantity of LCD televisions. clearly show on youre graph the old equlibrium price and quantity. Can you tell for certain whether the new equlibrium price will be higher or lower than the old equilibrium price?briefly explain.
Elucidate what are the arguments in favor and in opposition to an independent central bank.
According to the production function, with 300 labor hours, Illustrate what is this economy's capacity to produce.
Explain how advertising did or did not play a key role in your decision to purchase which product. Why might it be excessive at times.
Graph the Demand facing your situation. Note that this requires information from the Supply Determinant analysis before deciding how to draw the curve(s), as you may need a separate MR curve.
if the person withdraws $12000 at the end of each year, after how much years will the savings be exhausted?
What are the four factors which both expected and unexpected,perpetuate the business cycle.
Suppose that investment decline by 40 units to a level of 60. What will be the new level of equilibrium income.
Illustrate what is the new level of gross national debti. If 100 percent of the deficit is financed by the sale of securities to federal agencies.
Elucidate how and why the unemployment rate fluctuates with the inflation rate as is depicted in the Short-Run Phillips Curve.
Over the course of this month he has to deliver to 50 spots. To do this job he has 4 possible combinations of output that he can use
What is the firm's profit-maximizing (or loss minimizing) output (Q) level? What is the amount of its economic profits (or losses) at this output level? What would be the firm's decision at this price/output level?
Illustrate what would be the price also output. Illustrate what would be the firm's profit or loss.
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