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Who gains and who loses from a tariff? How do the effects of tariffs differ from the effects of quotas? If you were a small country, what would you rather utilize? 200 word answer
1. in 2010 the box industry was perfectly competitive. the lowest point on the long-run average cost curve of each of
Describe the importance of price mechanism, competition, and efficiency in the capitalist economy. Please provide real-world examples (this can be from the media or your own experiences).
Which of the following is the best example of a public good (or quasi-public good)?
Every week, more and more apps are available for Droid-based smart phones. How does this affect the optimal price for Droid-based smart phones?
Assume you are hired as a consultant by Barks Industries, a company in a monopolistically competitive industry. How would you advise the company in terms of pricing, output, resource usage, and advertising?
In order to derive an individual's demand curve for salmon, we would observe what happens to the utility-maximizing bundle when we changea. income and hold everything else constant. b. the price of a close substitute and hold everything else constan..
3500 is deposited every year with 6 interest each year.38 equal deposits are made.how much money can be withdrawn in 20
The demand for Wanderlust Travel Services (X) is estimated to be Qx = 22,000 - 2.5Px + 4Py - 1M + 1.5Ax, where Ax represents the amount of advertising spent on X and the other variables have their usual interpretations. Suppose the price of good X is..
Examine the International Monetary Fund
Notice the following model of a bond market. In each situation given, describe what happens to the bond price and yield and why. The graph is price of bonds on the vertical axis and quantity on the horizontal axis. With Supply of bonds starting above..
Please share your understanding of the relationships between expenditures and sales. You are encouraged to discuss all of the marketing, advertising, promotions, and any other expenditure related to sales.
Define and explain technological advance, and describe how does technological advance enter into the definition of the very long run?
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