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Q1. Assume Arturo is willing to trade 6 burritos to Dina for each 10 tacos which Dina produces also send to Arturo.
Q2. It costs a company $50,000 to produce 5000 beach towels. The company's cost will be $50,009 if it produces an additional beach towel. If the company produces 5000 beach towels then.
Q3. A headline reads" Gasoline Prices Are Higher." Illustrate what would be a likely explanation for this event?
How will the effect on price of an outward shift in demand for labor differ from the effect on price of an equivalent shift in the demand for land.
Describe the Schumpeterian notion of "creative destruction"
What are some examples of behavior that at one time wire victimless crimes that are no longer criminal.
The company wants to replace office equipment like machines and computer at assorted times over the five year planning period.
Calculate real GDP in each year, and the percentage increase in real GDP from year 1 to year 2 using year 1 as the base year. Next, do the same calculations using the chain-weighting method.
B involves the polluters in each region independently negotiating pollution deductions, assuming the other region is not undertaking pollution reduction.
The setup cost is $100 per order up to 99. For orders of less than a pallet, the setup cost is $200. The setup cost for pallet loads is $1000. The holding cost is 1% of the purchasing cost per item per week.
Suppose that a small nation produces mushrooms for domestic consumption also possible export.
The Wilson Company's marketing manager has determined that the price elasticity of demand for its products equals.
Then do similar for every of the determinants of supply in Equation 2.2. In every instance, would equilibrium market price increase or decrease.
Suppose that all wages also prices in an economy are indexed to increase. Explain there can still be an increase tax.
George and John, stranded on an island, use clamshells for money. Last year George caught 300 fish and 5 wild boars. John grew 200 bunches of bananas.
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