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The demand and supply for a particular commodity are given by the following two equations: demand p= 110-3Qd and supply p=-10+3Qs
Determine the equilibrium price and equilibrium quantity.
1. suggest how an economist would approach the problem of alcohol abuse. provide two 2 possible solutions to this
An (honest) stamp collector is considering selling one of her prize stamps. Based on some very insightful market research she knows that there are two bidders and each bidder just wants to add the stamp to their own private collection and is not worr..
please note that this is a follow up question to the last assignment i submitted. it would be great of the person who
Assuming that the LAS Curve remains stationary and does not shift, if an economy is at its potential output, an expansionary macro policy will cause real output to:
environmentalists argue that trade liberalization harms the environment. the decisions of the world trade organization
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prepare a three-page paper in apa style that describes explains addresses and answers the following.how has technology
Show that maximizing prot implies cost minimization.
In the Heckscher-Ohlin model, after opening up to trade, presume a country exports a capital intensive good. What happened to the capital intensity of production in the capital intensive good? What happened to the capital intensity of production in t..
Use appropriate assumptions where required. These may help you to simplify any complexity. Selecting appropriate assumptions in economics is
health economists use demand and supply theory to discuss the health insurance exchange created by the affordable care
In what way does the Bill of Rights protect individuals' freedom to engage in business activities. it recognizes property righs or else.
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