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Suppose that the citizens of Hungary can purchase all the oil they desire at the going international price. If the Hungarian government levies a tax on oil, who bears the burden? Illustrate your answer wit h a supply and demand diagram.
[ Hint: the first sentence describes t he supply curve. Assume the demand curve is downward sloping.)
What could the federal reserve system Fed do in 2000 in order to bring the economy back to full employment ? What did the Fed actually do? explain
Dependency theory characterizes countries as being either in the center or on the periphery
q.consider ?the ?following ?market ?for ?a ?single ?good ?x ?with? two? firms ?that compete ?via? price? bertrand.?you?
How does this variation affect people and corporations? Use the graph functions of Word or Excel to assist you-You will need two graphs.
q.you are the ceo of a fortune 500 company. you have two objectives1. invest 5 million cash on hand short term
Jim Bradley is the director of the Bradley bakery. He has collected data on his store for the past year.
with the help of appropriate diagrams explain the following statement whether it is true false or uncertain an increase
q1. in signaling model assume high school graduates are paid a stream of income whose present value is 200000. college
Among which of the following receives government subsidies that are in place to protect the population rather than for economic reasons.
Pick one company and analyze that company. Identify one concept from all of the following 1. Basic economic relations 2.Statistical analysis (history/competition)
Externalities Public Goods Lack of Information in the market Too much competition all the above are reasons for market failure
Two firms are located on the line and sell identical products. Consumers obtain K utility from consuming a product; assume that K is large enough that all consumers purchase from at least one of the firms despite the costs of transportation.
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