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Builders of a hybrid car announced it would build a car that would get 180 miles per gallon of unleaded gas. They figured it would cost $40,000 per car to build. The builders wanted Congress to force US automakers to build this energy-efficient car.
Is energy efficiency the same thing as economic efficiency? Please explain
Under what circumstances would this energy efficent car be economically efficient?
If the goal of society is to get the most benefit from its limited resources, then why not ignore economic efficiency and build this energy saving car?
Illustrate what do you think would happen to sale and price of DVDs after this.
Which of the following would occur if the federal government decided to use a budget surplus to reduce the existing debt.
Elucidate how the presence of imperfect information also asymmetric information provides theoretical reasons for financial intermediaries to exist.
Demand graph to assist in explaining the increase in the price of chain saws after Hurricane Andrew. The mayo clinic in Minnesota is known for top-quality medical care.
Pretentious that yields for each stock are around generally distributed, with which investment strategy do you have the smallest chance of losing money?
The graph also shows the marginal revenue curve faced by this firm. Hypothetical cost and revenue curves for a computer producer. Explain how many computers will the monopolist sell to maximize profits.
Which of the subsequent is a Keynesian conclusion about how adjustments occur in a recessionary gap?
During a war the government puts pressure on producers for heavy equipment, supplies, and services, making each more important.
Illustrate what does the theory of purchasing power parity predict will happen to the value of Japanese yen in item of dollars
Illustrate what additional information is needed for you to be able to compute the price elasticity of demand for DVD players.
Illustrate what is the total number of wells which maximizes the sum of the profits of both firms.
Explain how much profit will the perfectly competitive firms earn. Explain how much profit will the monopoly firm earn.
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