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If the demand curve increase, what will happen to price and quantity?
A. Price will decrease, quantity will decrease
B. Price will increase, quantity will increase.
C. Nothing will change.
D. Price will decrease, quantity will increase
q.a company designs websites for clients. much of the work is done in-house but it finds that it must subcontract i.e.
Distinguish between the resource market and product market in the circular flow model. In what way are businesses and households both sellers and buyers in this model.
Briefly elucidate why magnification effect plays an important role in predicting where various groups in economy will support or oppose international trade.
Illustrat what are the advantages of using capital in the production process. What is meant by the term "division of labor".
Despite being globally branded, Unilever still tweaked the Dove campaign from country to country. Elucidate why did it do this. What does this tell you about national differences in consumer behavior.
Find the quantity that maximizes the profit of the monopolist, the profit of the monopolist and the corresponding domestic and international price.
Illustrate the effect of captial formation by comparing the production possibilty curves, at the present time and ten years in the future, for two economies.
XYZ rapid prototyping (RP) software costs $20,000, lasts one year and will be expensed (i.e., written off in one year) . The cost of the upgrades will increase 10 % per year starting at the beginning of year two. How much can be spent now for an RP s..
Elucidate how Levitt devised a means of examining student test scores to uncover evidence of cheating teachers. Explain also why Levitt's analysis of the data constituted evidence, but not proof, of cheating.
q. assume that the feds inflation target is 2 percent potential output growth is 3.5 percent as well as velocity is a
Explain how would you test the hypothesis that the two population means are the same.
How would you elucidate the impact of each of the following events on a production possibilities curve for factory and farm goods (you don't need to draw a graph, just describe what would change).
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