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If the federal government were to run a budget deficit, this would:
1. Reduce the size of the national debt.
2. Increase the size of the national debt.
3. Leave the size of the national debt unchanged.
4. Increase the national debt only if the government also expands the supply of money.
Larry, Curly, Moe run the only saloon in town. Larry wants to sell as many drinks as possible. Moe wants to make the largest possible profits. Using a single diagram of the saloon's demand curve and its cost curves, show the price and.
What is the average fixed cost for the third unit of output and what is the average variable cost for the 5th unit of output?
Draw the demand curveb) Calc e when P= $200, P= $100, and P= $0c) carefully draw the total expenditure/revenue curved) what price maximizes the revenue received by the seller
For a firm in a perfectly competitive market that faces a market price of $5/unit for its output, draw a diagram showing a U-shaped long run Average Cost curve and the related Marginal Cost curve so that, in the situation you show
Imagine that your city is planning to build a waste recyclingplant in your neighborhood. What are the ethical and practicalconsiderations for making this decision How would your concern forthe environment affect your view on this action
Intermediate microeconomics- Find the production possibilities frontier for the Rancher. Define marginal rate of transformation. What is the marginal rate of transformation of meat for potatoes for the rancher?
create a presentation of 8-10 slides in the form of a proposal discussing the benefits of strategic capacity planning
answer the following questions using examples and applications from the readings. justify your answers using economic
Name any good or service which has a noticeable recent price change. Using concepts of supply and/or demand, what are some possible explanations for this change in price?
Find all Nash equilibria in pure strategies and what is the Pareto Optimal outcome under collusion? Show that this outcome is not sustainable.
Ageless Corporation has a patent for a new promising age defying moisturizer cream. The yearly demand, marginal revenue, and marginal cost functions for this cream is given:
you have been retained by xyz university as a consultant to make recommendations andor proposals for the marketing of
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