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suppose that a competitive industry is in a long run competitive equilibrium. then the price of a substitute good in consumption decreases. what happen in the short run to market supply and demand curves, market price, the firm's output, the firm's profit
Are you concerned that automation may increase unemployment or underemployment in the United States and around the world.
Evaluate how average, total, and marginal costs change as the output of a good or service of your choice increases. Can economies of scale be maintained despite high start-up costs.
Elucidate proponets of free market systems argue that free enterprise leads to more efficient production and better responses to changing consumers preferences.
Why the government now levies a tax on this good of 200$ per unit. Is this a good policy or why not. Can you propose a better policy
Explain why does it matter which particular mix of price and quantity is selected.
on average, Japan's real every capita output grew at a rate of 3 percent every year among 1973 also 1993. Illustrate what would Japan's output every capita have been at the end of 1993.
Elucidate the effect this policy would have on the nation's real risk-free interest rate, nominal interest rates, real and nominal GDP.
Explain the strengths and weaknesses of using monetary policy in comparison to fiscal policy when promoting economic activity.
Explain by how much does the total amount of deposits in the banking system increase. By how much does the money supply increase.
Explain how will you consider the structure of the fresh salmon industry to calculate the forecast. Will you advise the firm to enter the industry.
Elucidate why would new textbook sales fall in the yrs subsequent the release of the latest edition.
Suppose Dell computer Company operates in a perfectly competitive market producing 5,000 computers per day. What is total cost to decrease and profits to increase.
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