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Using diagrams for both the industry and a representative firm, illustrate competitive long run equilibrium. Assuming constant costs, employ these diagrams to show how (a) an increase and (b) a decrease in market demand will upset the long-run equilibrium. Trace graphically and describe verbally the adjustment processes by which long-run equilibrium is restored. Now rework your analysis for increasing and decreasing-cost industries and compare the three long run supply curves.
Illustrate what effects could be taken, comprising monetary and-or fiscal policies
Explain what happens to the position of the nation's short-run Phillips Curve if the following events occur:
Consider a monopolist facing demand curve Q = 100 - P. MC=AC=$20. Find out the monopoly price, profits, and consumer surplus.
Draw a correctly labeled loanable funds graph that shows what happens to real interest rates.
What is the main policy message of the AS-AD model, and how does it relate to the 1930s Keynesian revolution in economic theory? What should today's policy-makers assume about the natural rate of unemployment?
Find information on GDP and its components and calculate the percentage of GDP for the following components for 1950, 1980 and 2005:
Suppose if the table shows the demand faced by a monopoly firm then what is that firms marginal revenues
Discuss the implication on earnings and cash flow, and articulate why this project was chosen over the multitude of options that exists.
Discuss the components of Gross National Product? How does it understate aggregate production in Third World countries where substantial economic production may be consumed directly
Illustrate what is the least-cost input-combination of labor and capital and how much output is produced with that set of resources.
Elucidate what financial impact each of those expenses has had on the companies margins
What is the marginal opportunity cost of services in each country? Who has the comparative advantage in factory-stuff?
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