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Q. What is the supply function for a perfectly competitive industry with constant returns to scale? Consequently, what will be the equilibrium price and equilibrium profits for this industry?
Q. if demand decreases for a good. what effect will it have on a substitute good in repect to land that grows the good for which demand dropped
Illustrate for the 100 new homes will be within $10,000 of the population mean.
Illustrate what will be the new equilibrium price, if the government puts a 15 cent per tax on the candy.
The saying "Give a person a fish also he shall eat today; teach a person to fish also he will eat forever" is most consistent with.
Illustrate what are the levels of income per worker also consumption per worker. Show how capital stock per worker will evolve over time in both countries.
One of the three ADM executives was actually an informant who tipped off the Feds about this conspiracy. Which executive was he. Why did he rat out his co-workers.
To find and explain the Nash equilibria of a widespread form game can I use the equivalent normal form game to do that.
Write down an explanation for an interrogatory senator outlining how your expansionary acts would operate and what would be the effects on the economy.
Illustrate difference between economies of urbanization and economies of localization. Give examples of each.
Trace out exactly where this 100 increase in income goes in the second round and compare to our simpler treatment with a closed economy and lump sum taxes.
Human resources that perform the functions of organizing, managing also assembling the other factors of production
Assist on writing a 1 page paper on political also legal influences. A research paper- Illustrate what's economics issue or problem seen in behavior we observe in the world around us.
Compute the regular expenditure multiplier also the net tax multiplier if the level of consumption increases from $80,000 to $92,000 as a result of change in income from $120,000 to $140,000.
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