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Discuss, using supply and demand analysis, the effect on the equilibrium price and quantity of new hybrid automobiles when the following occurs. You may use graphs similar to the readings in Week One (you do not have to show the graphs), to determine the change in the equilibrium price and quantity, and then explain your answer. Is the equilibrium price higher or lower, or is the change indeterminate? Is the equilibrium quantity higher or lower, or is the change indeterminate?
What other economic factors are affected when taxes are raised or lowered, and how are they affected. Should the government increase tax rates on everyone as a way to equalize incomes and wealth.
Assume Arturo is willing to trade 6 burritos to Dina for each 10 tacos which Dina produces also send to Arturo.
Fiscal approach was expansionary because the full-employment budget deficit increased from one yr to the next.
Assuming that under cost controls rationing is as inefficient as possible while under the quota, the allocation is as inefficient as possible.
Illustrate what is the size of the labor force. Illustrate what is the official unemployment rate.
Assume there are no other countries willing to trade goods, so when there is no trade between these two countries, each country consumes the amount of wheat and clothing it produces.
Is there any range of production characterized by scale of economies. At Illustrate what production level are scale economies exhausted.
Alejandro scoobert owns a store specialization in soccer jerseys. Illustrate what was the value added to Alejandro store in 2008.
Elucidate how much will each worker have to pay per unit to provide the socially efficient quantity.
Business firm that holds a global monopoly on a particular product but is currently selling the product only in its domestic market where its profits are substantial.
Illustrate what feature of a PPF illustrates increasing opportunity cost also elucidate why does your PPF not have this feature.
Illustrate what established the permanent membership number in the House of Representatives.
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