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Q1. Two automatic systems for dispensing maps are being compared by the state highway department. the accompanying breakeven chart of the comparison of these systems (system I vs. system II ) shows total yearly costs for the number of maps dispensed per year for both alternatives
Q2. Congresswoman Gaga represents a state in which several firms fabricate furniture. She needs to impose tariffs on all imported furniture. Which of the following is the least likely consequence of such tariffs?
What can you provide as advice to a manager concerning their choice on the quantity of labor and quantity of capital.
Excise tax is levied on the buyers of a good, then after the tax buyers will pay for each unit of the good.
Calculate and interpret the own price, cross price, and income elasticity of demand.
Bud has very limited store space and has decided to limit his product line to one brand of beer, choosing to forego the snack food lines that normally accompany his business.
Explain how the short-run Phillips curve, the long-run Phillips curve, the short-run aggregate supply curve, the long-run aggregate supply curve, and the natural rate hypothesis are all related.
A manufacture procedure using 2 inputs, labor as well as capital.
Expecting that wool prices would remain high, wool producers raised a lot more sheep.
What is now the effect on gold consumption and mining of an increased use of gold as money.
Consider an economy where there are N consumers, each of them having one unit of available time.
Calculate the constant debt-GDP ratio that the country can achieve if the country runs a primary budget deficit of 3%. Is this debt-GDP ratio stable.
Select one market segment, and describe in one or two paragraphs what features the cell phone might have in order to be attractive to this segment.
Explain why this formulation of consumption may provide a more accurate description of consumption than the simple consumption function that depends only on current income.
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