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What is GDP comprised of? Also tell me about net domestic product and national income. If I told you that: GDP was $5 trillion Depreciation was $500 billion and indirect business taxes were $300 billion. How would you calculate the net domestic product and national income?
What is the difference in profit maximization between the perfect competitor and all other types of firms? Economic profit is the difference between a firm's total revenue and its
What factors will contribute to the riskiness of these bonds.
q1. if the government reports that gdp increased at an annual rate of 6.0 percent for the fourth quarter of 2010 by how
when A person buys a car in a congested urban area it generates illustrate what type of externality.
Use indifference analysis to demonstrate the income, substitution also the total effects if good X is a non-Griffin inferior one.
Cary has the following utility function: U(X,Y)=10x^2y where X is her consumption of Blu-ray disks with a price of $40 and Y is her consumption of DVDS with a price of $10. She has $900 with which to spend on the two goods. Determine the number of Bl..
Devote too few resources to the creation of knowledge. Explain how does the U.S. government correct for this apparent market failure.
Explain how much output should be produced in palnt 1 in order to maximize profits. Illustrate what price should be charged to maximize profits.
What nominal rate per month is equivalent to an effective rate of 3.8% per quarter, compounded continously?
Elucidate what is the minimal compensation t that induce the buyer to accept the exclusivity contract. What is the maximal compensation that the monopolist is willing to oer to the buyer.
Is the industry or industries in which the firm operates conducive to abnormally high rates of return.
Why would your company have bid with a zero mark-up on some past tenders? Why didn’t it win all of those contracts?
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