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"Starting a sole proprietorship or partnership type of business is better because the profits from the business will be enjoyed by only a single owner or a few partners."
Do you agree or disagree with this statement? Why?
Answer must be in 420 or less characters (this includes spaces)
Discuss the law of demand. Graph the following demand- supply equations: Qd= 100- 0.5P Qs = P Compute the equilibrium price and quantity. Discover the excess demand, if the price is set at $50. Presume the government imposes a tax ($2/unit) on the se..
Employ an isoquant and isocost diagram and words to show how firms will respond to the decrease in the wage rate. Be sure to identify the short run scale effect and the long run substitution effect.
Contrast the market demand/supply curves and the individual firm's labor supply/demand curve in a perfectly competitive labor market. How does the law of diminishing marginal returns affect a firm's demand for labor
you are given the following equation for the real demand for money mpd .25y - 50 ra. compute the demand for money
What were the deficiencies of context present precluding any systematic analysis?
draw an ad-as diagram representing the u.s. economy in a recession. also draw a diagram of the u.s. labor market in the
Two organizations (one Non-profit and one for-profit) are considering different alternative courses of action within their organizations.
cost and perfect competition1. if a perfectly competitive firm produces goods with the following technology y min 2x1
The process of lobbying legislatures is itself a big business. State legislatures are under the same kind of pressure from interest groups as the Senate and the House of Representatives.
n a competitive market, all customers pay the similar price for the goods and services. Using the idea of consumer surplus, describe why each individual would be willing to pay a higher price
a monopolist sells in two geographically divided markets the east and the west. marginal cost is constant at 50 in
describe why setting up a budget is so important for this new startup division. explain how you plan to gather budget
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