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. Irate college students march on Washington and demand a reduction in the price of Frisbees. An even more concerned Congress votes to repeal the price floor and impose a price ceiling $ 1 below the former price floor. What is the new market price? How many Frisbees are sold? angry students marched to Washington, asked Frisbee price. Congress passed a new bill that would Frisbee is lower than the original price cap of $ 1 price cap. The new market price? New sales?
illustrate the effect of capital information by comparing the prodution possibitity curves, at the present time and ten years in the future, for two economie, one with a high and the other with a low rate of capital formation.
Find out statistics on the web from 2004 to present on following indicators of the macroeconomic conditions of the U.S. economy.
Explain how much output should be produced in palnt 1 in order to maximize profits. Illustrate what price should be charged to maximize profits.
To one side maximizing profits evaluate the factors which managers must consider when making judgment to outsource or integrate forwards/backwards considering which factor would be mainly significant for decision-making.
How big would that budget have to be before he would spend a dollar buying a first cup of coffee.
Illustrate what would happen in the Tempe pizza marketplace if pizza also sub sandwiches are substitutes also there occurred
Explain the difference between Discretionary Fiscal Policy and Automatic Fiscal policy. Provide an example of each.
Draw and explain a production possibilities frontier for an economy that produces milk and cookies. What happens to this frontier if disease kills half of the economys cow population.
Why does the assumption of independence of risks matter in the examples of insurance. Illustrate what would happen to premiums if the probabilities of house.
Should the United States pass a minimum wage that assures all workers earn a wage above the level of poverty.
Define the equilibrium price and quantity.descibe the situation at a price of $10.00.what will occur.
Elucidate what type of returns to scale does this technology represent.
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