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Question-1: Define Indifference Curve and what are the main properties of Indifference Curve? By using Indifference Curve analysis explain how the consumer attains maximum level of satisfaction?
Question-2: What is difference between Perfect Competition and Monopoly? Give main characteristics of perfectly competitive and monopolist markets. How output and profit level is determined in both of the markets?
How might efficiency wages contribute to downward wage inflexibility, at least for a time, when aggregate demand declines.
Find out the purchase price to gain thirteen percent compounded semiannually.
The risk-free rate of return is 3.5 percent. Illustrate what is the current value of one call option on this stock if the exercise price is $40.
Which of graphs below shows Y increasing at a decreasing rate. Which of following issues is related to microeconomics rather than macroeconomics.
the mining industry has been a major driver of economic growth in australia in the recent decade and currently accounts
Illustrate what was the impact on the supply and demand of labor on one sector of the labor market. Explain the factors that affected labor demand and labor supply in the chosen historical example.
q.amazon instant video charges 4 per movie rental per day. if your demand curve for movie rentals is given by p 16-3q
Assume that the level of GDP increased by $100 billion in a private closed economy where the marginal propensity to consume is 0.5. Aggregate expenditures must have increased by.
Find the equilibrium price and quantity algebraically. If tourists decide they do not really like T-shirts that much, which of the following might be the new demand curve.
q.the news reports which the exchange rate for the dollar just hit its lowest value in a decade it also reports which
If the central bank (the Federal Reserve) keeps printing money and lowering the interest rates to get consumers buy and businesses to borrow money, then the economy will improve. Do you agree with the statement? Hint: Think about the short term and i..
Suppose nominal GDP in 1999 was $100 billion also in 2001 it was $260 billion. Illustrate what is the own-price elasticity of demand.
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