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If he estimates that the industry supply function for computers in the town is P = 700 + .5Q, how many computers will be sold at equilibrium and at what price would the producers be selling?
Proposals for modifications of the law are formulated by committees. Under the closed rule, the legislature may either accept or reject a proposed modification, but may not propose an alternative.
If the government wanted to achieve the same change in GDP as in part 8 by cutting taxes instead of increasing spending, how large would the tax cut need to be.
Elucidate what type of returns to scale does this technology represent.
Elucidate how does the Demand curve faced by a monopolist differ from the Demand curve faced by a perfectly competitive firm.
A manufacturer has been selling 1600 television sets a week at 370 dollars each. A market survey indicates that for each 36 dollars rebate offered to the buyer, the number of sets sold will increase by 60 per week. Find out the demand function.
analyze the following production data and prepare a proposal suggesting how to maximize profits.
Illustrate what is the reason the productivity also real incomes of workers in the industrially advanced economies have risen historically partly.
Explain how effects of rent control are very noticeable to the public in the short run, because the primary effects of rent control occur very quickly.
Illustrate what do you think about the relationship between tort law and commercial productivity in the United States. Do you believe that companies should enjoy greater protections against potential tortfeasors.
If the firms could collude also agree on Elucidate how to split the total profits illustrate what outcome would they pick.
Elucidate how has the number of payroll jobs changed over the last 3 months and over last year in Antigua and Barbuda.
Discuss in detail, the impact that currency movements are having on the economic data that you are collecting in Part A.
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