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Under what elasticity conditions would the following be true: "Increasing the minimum wage will result in a decrease in employment for workers who now earn less than the new minimum wage"?
perfect competitionthe meat-processing industry in hungary is perfectly competitive and there are two types of firms
what effect should each of the following have upon the demand for portable music players in a competitive market?
you operate your own small building company and have decided to bid on a government contract to build a pedestrian
if the inverse demand curve is p 120 - q and the marginal cost is constant at 10 how does charging the monopoly
1. what do you mean by quality of capital per worker? how does improvement in quality of capital affect economic
suppose a firm sells its products to identical customers and each of them has the following demand for its product
Suppose there are three countries in the world. Country A exports $11 million worth of goods to country B and $5 million worth of goods to counrty C, country B exports $3 million worth of goods to country A and $6 million worth of goods to counrty..
an estimate of the demand function for household furniture produced the following resultsf 0.0036y 1.08r0.16 p 0.48
reserve requirement for banks is set at 5. your firm withdraws 42000 on its line of credit at the security bank to
Discuss the problems associated with having a persistent vs. temporary current account deficit and determine which one has the greatest long-term implication.
If the merged firm were able to exploit economies of scale it would affect costs, may be even marginal costs. Assume the marginal cost of the merged firm was not 40, but 30. Is the merger profitable in this case?
Assume that you are leaving a message in a time capsule to be opened 100 years from now. Formulate a message you leave regarding the economic times of your lifetime and what could have been done to make our economy better.
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