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Describe the process in the money market (demand and supply of/for money) by which the interest rate reaches its equilibrium value if it starts above equilibrium.
Discribe the difference in economic profit between a competitive firm and a monopolist in both athe short and long run. Which should take longer to reach the long-run equilibrium?
Write a formula for the IS curve, showing Y as a function of r alone. Write a formula for the LM curve, showing Y as a function of r alone. What are the short-run equilibrium values Y , r, Y d, C, I, S, Spub, and national saving?
Graphically elucidate how electrical monopolist would determine its profit maximizing price and output level. Identify the area of consumer and producer surplus for the profit maximizing monopoly.
Now assume there are 6,350 employees and probability of dying is still 1in 5,000. What is the value of 1 statistical life?
If the price level remains constant by Explain how more will real output increase.
Complete the International Trade Simulation. Elucidate how absolute also comparative advantage was used in your simulation.
From the items below that will no longer be needed, which one is most likely to result in the most costs savings?
Illustrate what is the present equivalent of the overhaul expenses at time 0. Illustrate what is the yrly equivalent expense during only yrs 5-13.
illustrate what sales output and price should it set. what strategy would you recommend.
Delineate which market participants you believe benefited from the final court decision and whose interests were harmed.
q1. dynamic rather than static demand and supply conditions are typically observed in markets of real world. hence
q1. how is the transfer price of an intermediate product determined whena there is no external market for the
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