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Q1. Numeral stores propose film developing as a examine to their customers. Suppose that each store offering this service has a cost function C(q) = 50 + 0.5q + 0.08q2 and a marginal cost MC = 0.5 + 0.16q. If the going rate for developing a roll of film is $8.50, is the industry in long-run equilibrium? Discover the price connected with long-run equilibrium?
Q2. Explain how each change mentioned in the article impacts upon the aggregate expenditure model and then explain how such changes result in a new equilibrium in that model. Your answer should encompass discussion of changes to the level of inventories.
The difference between the cost to produce the CDs and the price you paid for them spending $30 on two new CDs spending $30 on dinner and a movie with your friends.
Listing different orderings and coalitions is not going to work for this problem because there are too many possibilities, excluding you can use different tools which we have discussed in class.
To what extent does educational planning in the policy decision ought to be guided by economic considerations
Assume that the returns of these stocks are independent of each other. Find the mean and standard deviation of the total amount that this investor earns in one year from these four investments.
What are price indexes designed to measure. Outline how they are construed. When GDP and other and other income figures are compared across time periods.
Suppose, on the other hand, that the second country retaliates with an export subsidy of its own.
Differentiate the equilibria of model. Also the classification should be a function of the bliss point of the candidates.
Research where you would find the U.S. international trade policies and their history as they apply to various industries.
The 2001 recession ended in November 2001, but the perception of "bad economic times" lingered into 2002 and 2003. What evidence do these graphs provide concerning the lingering perception of a recession.
Explain why sharp decline in oil prices might not necessarily have positive or negative impact.
One day you realize you're tired of smelling like refried beans all the time and begin thinking about starting your own business. After doing some investigation you decide to spend 15 hours per week running a photocopy service in your dorm.
Why the short-run demand for gasoline is less elastic than the long-run demand, when the price of gasoline rises, people immediately cut back on unnecessary trips.
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