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An economy is characterised by the following relationships:
C=500 + 0.6YI = 300
a) Plot the aggregate expenditure and aggregate supply curves for incomes ranging from 500 to 3,000.
b) Compute the equilibrium level of income.
c) Illustrate what is the level of consumption at the equilibrium level of income?
d) Calculate the marginal propensity to save for this economy.
If income elasticities are equal for all goods, then all Mashallian demand functions must be downward sloping.
Elucidate how changes in government spending also taxes positively do or negatively affect the economy's production also employment.
Each firm can monitor the other's price very closely and can respond instantly
You are the manager of a local sporting goods store and recently purchased a shipment of 60 sets of skis and ski bindings at a total cost
What would be the total profit of the firm if it sells the entire output at a cost of Rs. 60 per unit.
Assuming that a merger faces some threats also that the industry decides on self-expansion as an alternative strategy.
discuss the one presented in the Bruntland Commission Report
Calculate the original market equilibrium price and quantity in absence of the price support policy.
When workers already have a large quantity of capital to use in producing goods and services, giving them an additional unit of capital increases their productivity only slightly.
appliance store are unable to successfully compete also are driven out of business. why does Wal-Mart have a cost advantage over its competitor.
How would you use these cost and revenue estimates to determine whether a sales force increase or possibly a decrease is warranted.
Illustrate what is the yrly breakeven point volume (D) also his objective is to maximize his average grade, elucidate which means.
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