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Illustrate and explain the changing demand for Big Mac using indifference curve and budget line.
q1. external and internal equilibria are often contradictory goals and the policy-maker is forced to choose between one
Evaluate the price falls all of these firms will be unable to stay in business and the industry will disappear by using a graph.
Find out QD and QS when cost of good X is $12.00. Is re a surplus or shortage. Illustrate what should happen to cost of Good X to drive it to Equilibrium.
If buyers pay $8 per unit to the intermediary but sellers offer to rebate part of that expense to buyers.
What must saving rate be in initial steady state. What is marginal product of capital in initial steady state. Suppose that public policy rises saving rate so that economy reaches Golden Rule level of capital.
Using two-part pricing , what will be the entry (membership) fee? What will be the per-unit fee? Compute the profit earned from a typical consumer with two-part pricing. Hint: same as perfect price discrimination profit.
q.branding i jorge products a specialty steel fabricator operates a plant in the town texas of west star. the town has
Your grandmother is gifting you $100 a month for four years while you attend college to earn your bachelor's degree. At a 5.5 percent discount rate, what are these payments worth to you on the day you enter college?
If average movie ticket prices rise by about 5 percent and attendance falls by about 2 percent, other things being equal, the elasticity of demand for movie tickets is about:
q.bob as well as nancy live in a new housing development as well as they would like to have fire hydrants installed to
Two identical company's save money from polluting. A company's marginal savings from emitting an amount are given by 10 - 2e. The two firms differ in their impact on ambient pollution concentrations.
For each values for the MPC, determine the size of the simple spending multiplier and the total change in real GDP demanded following a $10 billion decrease.
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