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Q. "Explain why, if the price of a good is above the equilibrium price, the forces of supply and demand will tend to push the price toward equilibrium."
Q, In 1949 Sherbrooke, Quebec built a hospital for about $500,000. In 1987 the county restored the courthouse for about $2.4 million. A price index for nonresidential construction was 14 in 1949, 92 in 1987, and 114.5 in 2000. As per to these numbers the hospital cost about how much in 2000 dollars?
The European Engine Company (EEC) is a multi-national manufacturer of small gasoline and diesel motors.
All costs of exhibiting movies are fixed except for the $3.50 royalty payment you must make to the film distributor for each ticket sold.
Some economists argue that only unanticipated increases in the money supply can affect real GDP.
Explain a way that your family interactsin factor market and a way that it interactsin products market. Discuss how circular flow relates to current economic situations.
He finds which he is overworked also which several of his research scientists seems to be spending work hours playing tennis.
Illustrate what is the best measure of economic well being of individuals in society.
Now Assume the theater increases the number of its ads to 250. Should the theater increase its cost following this ad campaign.
A residential rental property is acquired during the first month of the taxable year, at a total cost (including transaction costs) of $1,200,000.
Determine the cost to the government of buying firms unsold units
What factors determine the intensity of rivalry in an industry. Is the intensity of rivalry in the PC industry high or low.
The United States is experiencing a recession and Congress decides to adopt an expansionary fiscal policy to stimulate the economy.
Which of the following market transactions of final goods and services are excluded from the computation of U.S GDP
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