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What is the different between quantitative easing and inflation? And how can they be explained using the graph of demand V.S supply?
Suppose that for a firm that digs ditches for laying cable or pipeline, backhoes and backhoe operators are pure complements in production, being used on a one-for-one basis. Draw the isoquants (on a graph with backhoe, “K”, and backhoe operators, “E”..
q1. explain how did mortgage-backed securities spread losses during the mortgage default crisis?q2. transactions and
From the profit maximization perspective, under which condition does it make sense to expand the level of output in the short-run?
Compute the price elasticity of demand for subway rides. If the transit authority reduces the fare back to 50 cents, what impact would you expect on the ridership? Why?
Why is that the pre-trade production points have a bearing on comparative costs under increasing cost conditions but not under conditions of constant costs?
q1. cally uses labour l and capital k in her production process. the wage rate for one unit of labour is 10 while units
If there are barriers to entry into a market, it is possible for the existing firm to earn positive economic profit. All of the following explain this concept except; 1. it is possible for a firm in this situation to charge any price it wants and thu..
Now suppose your utility functioin is U= (square root)Wealth. What is the maximum you will pay for the bike check-in now.
_____ is NOT a characteristic appropriate for a yield management strategy.
q1. a corporation has 7 million in equity. during the tax year it takes in 4 million in receipts and earns 2 million in
Since under price leadership by the dominant firm, the firms in the industry following the leader behave as perfect competitors or price takers by always producing where the price set by the leader equals the sum of their marginal cost curves.
Suppose the supply of labor is given by LS = 10w , where LS is the quantity of in millions of persons employed each year, and w is the wage rate in dollars per hour. The demand for labor is given by LD = 80 - 10w. What will be the free-market wage r..
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