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Stores that sell wedding dresses do not typically permit photos, and do not have tags in the dresses that would identify the manufacturer and style type. What is the purpose of these rules? Suggest one other way of accomplishing the same objective.
All else equal, what is short-run effect of an increasing US output Y on US interest rate. All else equal, what is short-run effect of an increasing US prices P on US interest rate.
Identify the two events that can cause a shift in the Production Possibilities curve.
Explain a worker’s labor-leisure choice associated with a wage decrease (assuming non labor income does not change). Illustrate the income and substitution effect associated this wage change on an appropriate graph. Label all curves and axis.
a friend of yours is considering two cell phone service providers. provider a costing 120 month for the services
q1. if an increase in the budget deficit reduces national saving and investment we have witnessed a demonstration
q.a purely spirited wheat farmer can sell any wheat he grows for 20 per bushel. his 5 acres of land show diminishing
Identify what type of unemployment each of the individuals below is facing by dragging and dropping the appropriate term into the bins provided. Use "structural unemployment’s, cyclical unemployment, and frictional unemployment." 2 are cyclical, 1 is..
State and elucidate principle of diminishing marginal utility in relation to consumer demand. Illustrate what is production function and how is it relevant to a production manager.
The Cost of a Flower Business. Jen left a job paying $60,000 per year to start her own florist shop in a building she owns. The market value of the building is $80,000. She pays $40,000 per year for flowers and other supplies
q1. suppose that there are crowding-out effects and the mpc is .9. by how much must the government increase
Elucidate the marginal cost of a string. Compute marginal revenue and marginal cost for each quantity.
The production function is Q = L^0.25*K^0.25 and the respective unit input prices for L and K are w=4 and r=9. Derive the long-run least cost as a function of Q, and derive the marginal cost and average cost to characterize the shape of the total ..
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