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If there is an inflationary gap in the economy, what fiscal policy decisions would you make to bring the economy back to the full employment point? Explain why in each policy that you make.
Analyze the major short run and long cost functions for the low-calorie, frozen microwaveable food company given the cost functions below. Suggest substantive ways in which the low-calorie food company may use this information in order to make decisi..
Assume you want to test the null hypothesis that the mean value of the bill in the box is 9 against the alternative that it is less than 9.
On average your client recieves 1%in annual simple interest in the foreign country. Explain to the client how the move would benefit savings.
The university is seeking a grant to cover capital costs. How big of a grant would make this project worthwhile (to the university).
Suppose Mary’s utility function for two goods X and Y is given by: U(X,Y) = 3X1/2 Y1/2. In Addition, Suppose consumption bundle A consists of 10 units of X and 10 units of Y, and consumption bundle B consists of 20 units of X and 5 units of Y.
Illustrate what entity establishes a cost ceiling and does it require government sanction for violators. Will it result in a surplus or a shortage.
Elucidate why there is a relationship between price elasticity of demand and the effects on total sales revenue.
Is the product considered elastic, inelastic or unitary elastic. In a few sentences Illustrate what effect does the present supply also present Demand have on this product.
Illustrate what are the five specific events that can be expected to cause the equilibrium price of ice cream to increase.
How can you use these tools to decide best path for your company to pursue. Illustrate what are pros and cons of utilizing se tools.
q.in a particular monopoly the demand equation is given by yp 5p1. what is the price elasticity of demand?2. what is
Assume Harrison, Carla and Fred have only paintbrushes at their disposal. Illustrate what is the average labor productivity, in terms of square feet per painter-hour, for the three painters taken as a team.
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