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How many autos will Ford want to produce in its new Kansas City plant?
Ford announced that it plans to invest $400 million over the next two years in its auto manufacturing plant in Kansas City as it prepares to build a new behicle there. the $400 million investment will be used to install a new body shop, new machines, and other upgrades.
If the government imposes a quantity tax on the consumption of a good, it means that the consumer has to pay for each unit of the good its price plus the tax. Denote by t the amount of dollars a consumer has to pay for every unity she consumes in exc..
Horizontal equity can be determined by comparing the
Using a market or industry as an example, explain how the Prisoners' Dilemma game helps explain observed (real-world) behavior among oligopolistic firms.
The surplus created by a price floor will likely be? smaller if the good is a necessity. larger if the good is addictive. smaller if the good is a luxury. unaffected by the time that has elapsed since the price ceiling is implemented. None of these a..
q1. in july 2012 u.s. gasoline had a nominal price of 3.49 and in july of 1992 it was 1.14.determine the real price of
Suppose a monopolist producing self-cleaning jackets can sell 20 jackets at $100, and 21 jackets at $98. The monopolist is unable to price discriminate, so in order to sell a total of 21 jackets, the price per jacket must be $98.
Based on what we have learned so far regarding the macro-equilibrium and fiscal policy, critically discuss the claim by some economists (like Paul Krugman) who have suggested that austerity measures have amplified the economic slump in Europe (Greece..
sketch a production indifference curve indicating that CCC can produce no more than 1,000 containers with this expenditure.
Kermit is considering purchasing a new computer system. The purchase price is $135276. Kermit will borrow one-fourth of the purchase price from a bank at 10 percent per year compounded annually. The loan is to be repaid using equal annual payments ov..
A goal of expansionary monetary policy is to: Lower interest rates are generally charged on more risky investments and on securities that have longer maturities. The barter system requires the double coincidence of wants to be fulfilled.
Suppose that GDP is $49,081, taxes are $7,478, consumption is $13,848, transfers are $5,073, and government spending is $10,880. What are national savings?
1. price discriminationa. indicate the types of price discrimination for the cases below. based on the above examples
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