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How could government subsidize a producer? Do you think that would affect supply or demand? Why so?
medical schools and hospitals are heavily involved in the training of new physicians. after prospective new physicians
Does the answer to b depend on how much labor and capital are used If the price of labor is $4 per hour and the rental rate of capital is $5/hour, how much of capital and labor should be used to minimize the cost of production
assume that a firm in a perfectly competitive industry has the following total cost scheduleoutputtotal costaverage
on may 6 2010 the stock market suddenly swung a thousand points. nobody really knows why. but dennis berman in the
consider an economy in which the consumption function takes the following simple algebraic form c 3000.75di and in
Assume the annual cost of capital is 10% of the total investment( this represents annual fixed cost of the initial investment). At what production quantity per year would the brewery be indifferent between the two investment opportunities.
In economics, when you plot cost and revenue on Price-Quantity axis, the profit maximization condition is when marginal cost is equal to marginal revenue. This is the crucial notion to understand.
indifference theory can explain all rational choices and behavior.try the theoryout on this situation. suppose the only
suppose three identical firms are engaged in cournot competition in quantities. they all have marginal costs 40.
How does price elasticity of demand affect how much of a tax is passed on to the consumer and how much is absorbed by the seller. Show the effect with graphs.
What is the CPI (Consumer Price Index) and what significance does it hold in regards to goods and services? Please explain in detail.
What is property according to Chris Hann and why are property rights the foundation of hunter/gatherer societies as argued by Barnard and Woodburn What is the significance of sharing among immediate-return foraging societies.
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