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If total product is decreasing, marginal product is
a) increasing
b) above average product
c) negative
d) equal to average product
e) positive
Illustrate what are some of the downside risks also potential problems involved when using fiscal policy.
It is unclear to a economic novice like me why OPEC is not cutting down production and raising oil prices. I have read several journalists commenting upon this on the internet but perhaps an economist can explain this current fact better.
Selling stocks. Suppose you have two stocks A and B. One falls in price and or increases. If you only care about rates of return, which one should you sell?
How will the unemployment rate during the current period compare with the natural rate of unemployment.
q.the market demand and supply functions for pork are qd 2000 - 500p and qs 800 100p. to help pork manufacturer the
The short-run production function is specified as follows: Q=F(K,L) but in reality they should be specified as: Q=F(K,L). Discuss and reconcile the abore specification?
Explain with graph what happens to aggregate demand curve, and/or aggregate supply curve for the following situations: Consumers expect the price of the good to rise in the future.
q.consider the application of the demand-revealing process to land assembly that we discussed in class. we defined d as
An investor bought a racehorse for $1 million. The horse's average winnings were $700,000 per year, and expenses averaged $200,000 per year. The horse was retired after three years, at which time it was sold to a breeder for $175,000. Assume accelera..
wages decrease by 15%. by what % do the new wages increase or decrease. 3. divide 3420 into two parts such that one part is 28% more.
Suppose the point of tangency that characterizes long-run equilibrium for a monopolistically competitive firm occurs at Q1 units of output.
A producer would not remain in Stage 1 because APP
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