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1. What does your graph describe in terms of industry and firm? Ignore the red lines. What is the equilibrium price and output in your graph? How does your graph relate to the other two graphs, if at all? You do NOT need to draw your own graph--that is really hard on a computer for some students--but rather indicate the answer by referring to the letters (caps for quantity and lower case for price) in each of the graphs.
2. What do any of these graphs have to do with price discrimination?
Then you inherited a piece of commercial real estate bringing in $12,000 in rent annually.
The government wants to stimulate the economy. By how much will aggregate demand at current prices shift initially before multiplier effects.
Teapot Dome was a successful government project to displayed Harding administration's policy of a laissez faire government. Elucidate
Over the long run historically, real wages produce about same pace as labor productivity.
Calculate the equilibrium interest rate by setting the demand for central bank money equal to the supply of central bank money.
How do your previous answers change in the special case where cash demand does not depend on the expected rate of inflation
Illustrate what is approximately the maximum amount the rm is willing to pay to be allowed to use e more units of input x, for e small
To what extent is to greek proverb "Happiness is the full utilization of your capacities along lines of excellence." similar and different from the traditional definition of economics.
Explain how supreme as well as comparative advantages were used in your simulation.
Explain is it irrational for an individual to take the time to be completely rational in economic decision making.
Graphically elucidate the derived storage function and carefully explain and show how you determined the location of the two intercepts of the function.
Elucidate how did the invention of crack cocaine transform the urban street gang.
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