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Are retail gasoline prices essentially equilibrium prices? Why or why not? In most markets, are prices typically at the equilibrium? Why or why not?
What might keep prices from moving to the equilibrium?
A State and explain 5 factors which affect the foreign exchange value of the Irish currency (Euro). B Irish exports have risen, in recent years. Discuss the effects of this development on each of the following: (1) The amount of borrowing by the Iris..
The rule established by the Hadley case is "when damages are awarded, compensation can only be awarded for injuries that the defendant could reasonably have forseen as a probable result of the usual course of events following a breach.
My late father was a high school teacher and I recently found among his things a 40-year old sheet with which I was once very familiar. He had used this sheet as an example of the kind of services provided by the Federal government.
How an economy's resources are to be owned, how decisions about the resources are to be made
Illustrate what is the cross elasticity of demand among the two brands of widgets.
The second largest public utility in the nation is the sole provider of electricity in 32 counties of southern Florida. To meet the monthly demand for electricity in these counties, which is given by the inverse demand function P = 1000 - 5Q.
If a corporate bond paid 9% interest, and you are in the 28% income tax bracket, what rate would you have to earn on a general obligation municipal bond of equivalent risk and maturity in order to be equally well off. Given that municipal bonds ar..
Illustrate what might a high dividend payout ratio suggest to an analyst about a company's growth prospects.
In a situation in which a gift certificate leads a consumer to purchase a greater quantity of an inferior good than he or she would consume if given a cash gift of equal value. Is this always the case
Determine whether the following linear programming problem is infeasible, unbounded, or has multiple optimal solutions. Draw a graph and explain your conclusion. Maximize 50x + 100y Subject to:
For each hour of work, the employer deducts $1 and sends the money to the city government. The initial wage (Before the tax) is $10, and total employment is 20,000 hours per day. Use a graph to show the effect of the tax on the equilibrium wage an..
Elucidate what have noticed is that there is a high demand for Louis Vuitton bags even though they are so expensive.
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