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The Bureau of Labor Statistic and Federal Reserve Bank in St. Louis both have a lot of economic information. Base on current information, for the industry you're familiar with, discuss the positive and negative effects of either a sudden increase or decrease in the number of competitors on prices in the long run. What would you recommend as a course of action, if any? For the industry you have chosen, discuss how price moves from today to the future.
Identify your fixed and variable costs at your fast food restaurant, and explain the changes to each of these costs, given the increased demand.
If the government uses a tax to get producers to internalize their externality, what is the net price received by producers.
Why do monopolistic competitors have a tendency to advertise much more than perfectly competitive firms?
Differentiate the equilibria of model. Also the classification should be a function of the bliss point of the candidates.
Suppose that only data on in action were published but not on claims for unemployment. What would be a reaction of the USD/EUR in that case.
What are the components of aggregate expenditure. What determines the slope of the aggregate expenditure line.
Solve for the equilibrium interest rate. Solve for equilibrium value of consumption and investment.
Based on the IRS actuarial table, Mario has a life expectancy of 20 years. If Mario receives 12 monthly payments of $1000 the first year, how much taxable income must he report on his tax return.
The trade or business of manufacturing dolls and accessories
A major employer in a small town announces upcoming major layoffs of employees. What should we expect to happen to the consumption functions of the affected employees.
Suppose she is offered a new job that would pay her $15,000 and would bring her earnings high enough so that she no longer qualified for any welfare benefits.
Under oligopoly if one firm in an industry significantly increases advertising expenditures in order to capture a greater market share, it is most likely that other firms in that industry.
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