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The following two individual demand curves represent an entire market for a commodity. What is the market demand curve for the commodity? show the market demand in equation and graphical form. (a) P=60-10Q (b) P=60-15Q
What if you knew that in Firm A the quantity of labor demanded is 15,000 when the wage is $11 and 17,000 when the wage is $8.
Elucidate which following is true in market of a monopoly
q. suppose that the total stock s0 of a nonrenewable resource is 15 units. the quantity demanded of the resource in
Elucidate the effect of capital formation by compering the production possibility curve,at the present time and ten years in future, for two economies,one with a high and the other with a low rate of capital formation
What would be the total profit of the firm if it sells the entire output at a cost of Rs. 60 per unit.
Government increases its spending by $2 billion and raises taxes by $1billion. Illustrate what happens to equilibrium income.
If the company will sell the number of units obtained in part d, and wants to maintain the same level of profit as last year, what will its new price have to be?
its lenders requested that the firm disclose full information about its revenues and costs. Elucidate why Brownstown's management was reluctant to release this information to its lenders.
Imagine that you borrow $5,000 for one year and at the end of the year you repay the $5,000 plus $600 of interest. If the inflation rate was 4%, illustrate what was the real interest rate you paid.
Elucidate how do the firms decide how much to charge. Use the Cyberlibrary or internet search engines to pick your own example of price discrimination.
How do I calculate the price of a gallon of paint that inreases from $3.00 a gallon to $35.00 a gallon. The usage of paint drops 35 gallons a month to 20 gallons a month.
Analyze this statement in terms of your assessment of Marx as economist also as a philosopher.
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