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Q. How would I plot a marginal product curve, say, given the number of workers on the x-axis and and the number of a certain product produced on the y-axis.
Q. The market for rice has been estimated to have these supply and demand relationships....supply p=10+0.01Qdemand p=100-0.01q
what is the equilibrium price and sales
then what is the amount of shortage or surplus that would develop at p=$40/ton
Explain why monopolistically competitive firms frequently prefer nonprice competition to price competition.
Will there be significant progress on the poverty front, because of an increase in GDP.
Bud has very limited store space and has decided to limit his product line to one brand of beer, choosing to forego the snack food lines that normally accompany his business.
Distinguish among microeconomics also macroeconomics also identify some relevant topics to each
illustrate what kind of policy would you recommend to slow population growth.
Assume the value of equilibrium real GDP is $800 billion dollars. Assume the government increased spending by $20 billion dollars to increase real GDP.
the industry that this claim were untrue, what critical questions could you ask about the HHI used for the study
Explain how does the price elasticity of demand for corn oil influence the quantity-demanded of corn oil and the Total Revenue earned by sellers of corn oil.
Find the equilibrium price and quantity after the shift of the demand curve.
Find out the Nash equilibrium prices of the procedures at the hospitals. find out the profit maximizing monopoly prices of the procedure at each hospital.
Illustrate what is the change in quantity of money that will eventually result. Assume that the currency drain in 0.15 and the desired reserve ratio is 0.05, and show your calculations
A selfless person approaches Jones also Smith with a $100 bill also offers to sell it to the highest bidder but both the winning also losing did der must pay her their bids.
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