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Find Gross Value Added:-
1)Import Duty-10002) Excise Duty-10003)Outpout sold- 50004)Price per unit of output- 65)Change in stock-600
6)Intermediate Cost- 16,000
7)Subsidy-500
Hint: Items and Currency($,Pound,Euro)
Suppose that businesses buy a total of $100 billion of the following resources labor, land, capital, and entrepreneurial ability from households, if the households receive $60 billion in wages, $10 billion in rent, and $20 billion in interest
Indiadesh is a country that produces two goods, textiles and computers. Last year, Indiadesh produced 500 textiles and 1300 computers. This year it produced 450 textiles and 1100 computers. Given no further information.
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XYZ Corporation is a manufacturer of widgets. Over the past several months, it has been selling its widgets for $100 each and unit sales have averaged 5,000 units per month. This month its competitor, ABC, Inc. raised the price of its widgets from..
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Let MUa=Z=10-x and MUb=Z=21=2y, where z is marginal utility per dollar measured in utils, x is the amount spent on product A, and y is the amount spent on product B. Assume that the consumer has $10 to spend on A and B- that is, x=y=10. How is the..
Professor Goodheart gives 3 midterm exams. He drops the lowest score and gives each student her average score on the other two exams. Polly Sigh is taking his course and has a 60 on her first exam. Let x2 be her score on the second exam
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