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Clothing co. sells 30,000 units of blazers at £4.80 per unit in 2012, and 36,000 units of trousers at £6.00 per unit in 2013.
(a) Calculate the following values for trousers for 2013 with 2012 as the base year:
(i) quantity relative for unit sales
(ii) price relative for unit prices
(iii) index of total sales value
Give salary subsidies to firms that hire the less-advantaged. Initiate a federal training program the raises the skills of poor individuals.
Suppose the Clean springs water company has a monopoly on bottled water sales in California. If the price of tap water increases, what is the change in Clean springs' profit maximizing levels of output, price, and profit?
A corporation among $7 million in yearly taxable income is considering two alternatives
2.Television broadcasts are often given as examples of a public good. However, it is possible to code a broadcast so that only people who pay for the decoder box can view it. The use of a coded signal does what to a television broadcast?
You have discovered that the price of a bond rose from $975 to $995 when the yield to maturity fell from 9.75 percent to 9.25 percent. What is the duration of the bond?
1. The equilibrium of a competitive labor market is associated with 2. Which of the following would result in a short-run increase in the wage rate in a competitive labor market?
While Jon is walking to school one morning, a helicopter flying overhead drops a $100 bill. Not knowing how to return it, Jon keeps the money and deposits it in his bank.After this initial transaction, by how much is the money in the economy changed.
individuals firms governments and countries are faced with choices because all resources are scarce. a production
Utilize these determinants in judging either demand for every of the following products is elastic or inelastic.
Discuss why the Reserve Bank of Australia (RBA) has moved the cash rate from 7% to an all-time low of 2.5 % in August 2013, and since than it has maintained this rate.
An economist has estimated that, near the point of equilibrium, the demand curve and supply curve for bonds can be estimated using the following equation B: Price= -2/5 quantity + 940 Equation 1 B: Price= quantity + 500 Equation 2 a.
(a) Indicate whether this production function exhibits constant, increasing, or decreasing returns to scale. (b) Does the production function exhibit diminishing returns If so, when does the law of diminishing returns begin to operate.
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