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in 1995, pierre omidyar created the consumer to consumer trading company "ebay". As everyone knows, eBay knows, eBay allows buyers and sellers from around the world to meet in an electronic market place and make trades Search engines, ratings of trading histories, and various other eBay details make trading very inexpensive. On a Supply and demand graph for, lets' say old Elvis albums, show what happens to the volume of trade, the prices to consumers, and supplies, the cost of trading, when eBay gets introduced to the market.
Discuss and explain the reasons why net income for a particular period does not necessarily reflect a firm's cash flow during that same period.
The economy is initially in long-run equilibrium. The AD curve shifts to the right and the price level rises. Assuming that the economy is self-regulating, the SRAS curve will shift to the left and the price level will rise even further.
Compute the total fixed costs, total variable costs, average fixed costs.
A rural utility company provides standby power to pumping stations using diesel-powered generators. an alternative has arisen whereby the utility could use a combination of wind and solar power generators, but it will be a few years before the ene..
Minuteman Manufacturing is considering upgrading a piece of equipment. If a certain upgrade helps reduce operating cost by $80 per hour of use and the upgraded equipment will be used on average 7 hours per day, what is the expected annual savings.
Colin faiths that the number of job offers he will get depends on the number of courses. He concludes from observation that the following figures are typical.
Do the utility maximizing amounts of X1 and X2 change if P1 increases to 5 while P2 stays constant at 5? Why or why not? Do the utility maximizing amounts of x1 and x2 change if P2 increases to 9 while P1 stays constant at 4? Why or why not? For a ..
As the Federal Reserve utilize its special powers to buy and sell government bonds, how does buying and selling government bonds affect the supply of money in the economy.
This customer can buy or sell the commodity depending on its cost.
Suppose you are considering putting your savings in an investment fund. One scenario projects stable prices, and therefore, low returns. The other scenario involves high inflation and, consequently, high returns
Explain how the Fed could use monetary policy to combat inflation. A complete answer must include an explanation of the policy tools that can be used and their effects on the money supply, interest rates, and aggregate demand.
Assume, in a 2-sector model, that individuals earn the following payments from business sector: wages $520, interest $30 rent $ 10 and profits $80.
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