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Equilibrium quantity must increase when demand
a. increases and supply does not change, when demand does not change and supply increases, and when both demand and supply increase.
b. increases and supply does not change, when demand does not change and supply increases, and when both demand and supply decrease.
c. decreases and supply does not change, when demand does not change and supply decreases, and when both demand and supply increase.
d. decreases and supply does not change, when demand does not change and supply decreases, and when both demand and supply decrease.
The company rents roller cutters and crimping machines for $16 per hour, and the marginal product of capital is 100 rollers per hour. Illustrate what do you think the previous manager should have done to keep his job.
A justification for job training programs is that they improve worker productivity. Suppose that you are asked to evaluate whether more job training makes workers more productive. However, rather than having data on individual workers, you have acces..
What empirical method generally is used to measure the degree to which products substitute for each other?
Illustrate what role does each marketplace structure play in the economy.
Suppose that initially the price is $50 in a perfectly competitive market. Firms are making zero economic profits. Then the market demand shrinks permanently and some firms leave the industry and the industry returns back
q1. suppose the required reserve ratio .20 and that a new 100 billion of reserves are injected into the system. by how
Assuming oranges operate in a perfectly competitive market, use a well-labeled demand and supply model to explain how market equilibrium price of oranges is determined.
Arian is about to borrow $2350 from his uncle. He has an option to repay the loan at the end of year 5 with 10.75% simple interest per year or with 5% interest per year, compounded annually. What is the difference of the total interest paid over 5 ye..
Illustrate what is unusual about this market. Give an example of a good or service to might be characterized by this unusual market attribute.
Use a short-run Phillips curve to Explicate why the inflation rate may decrease over the course of 2009. Under Illustrate what circumstances might the inflation rate not decrease during 2009.
Illustrate what is the expected annual demand also the total revenue corresponding to your recommended price
Explain why the food stamp program can have the same effect on the consumption pattern and well-being of recipients as an outright.
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