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Externalities are third party consequence of some other action. They can be positive or negative externalities and they impose a benefit or cost to a third party. Identify a positive and a negative externality. Discuss the benefits and costs associated with each type of externality. What happens to the Supply and/or Demand curve in each of your examples?
If one draws MC curves pre and post innovation as well as the Marginal Revenue line for a monopoly and the MR in a competitive situation.
Determine the effect of expansionary monetary policy in the AS/AD model when the economy.
Elucidate the dynamics through which an increase in the stock of money affects real output and the price level in the short run.
Illustrate what are the indicators of underdevelopment in a world economy.
Elucidate how does that fact that many goods are non traded affect the extent of possible gains from trade.
what actions would you take to test the hypothesis. Following your test illustrate what actions would you take if the hypothesis must be rejected given the outcome of the test.
Utilize the sticky-income theory of cumulative provide to explain illustrate what will take place to o/p also the price level play in this adjustment
The percentage effect which increase in output will have on the profit made from producing and selling commodity Alpha will be.
Elucidate wether each of the following evens shifts the short-run aggregare supply curve, the aggragate demand curve both or neither.
Compute equilibrium price also quantity. Illustrate what would have occured if price had remained the same
Elucidate how the strength of the economy as a whole could affect the marginal benefits also the marginal costs associated with a decision to purchase a home.
How could a company go about meeting those needs and thus motivate you to work better and harder.
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