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Suppose that the linear equation for saving in a hypothetical economy is
S = 20 + 0.10Y. Also suppose that income (Y) is $200. Determine the level of saving.
a. 20
b. 30
c. 40
d. 10
firm competing in a monopolistic competitive market. What conditions exist when economic profits are maximized.
The rate of annual deflation as applied to each box of kitchen gadgets over the remaining four-year period below which your venture will become unprofitable. Explain how you determined the rate
Based on your answer in a and b, how can you reconcile the President's statement with economics? Can you suggest how his statement could be modified to be consistent with teh IS-LM model?
Microsoft emerges to have a monopoly with over 90% of the personal Calculator operating market. Why then would it not be charging a monopoly cost.
q.wine productionin wine production raw materials grapes are the single biggest cost. the cost of the grapes may be as
Draw a cash flow diagram for just the tax amount due to the depreciaiton, including the gain from this portion at EOY 8. Calculate the present worth of this cash flow. This is the amount gained by depreciating the property.
Mom belongs to a dealer's association and the members have kept careful records of how the forecaster has performed - Once she gets the forecast she can proceed with her decision as place a big order or a small order.
Explain how many units of blood wil be used in the US. What is the level of consumer and prduce surplus.
what is lowest price that will induce firms to supply output. Suppose PI = $40, F = 50 and demand function is Qd = 700! 6P, n if government sets a price of $50 what will be result.
Explain the difference between a person's nominal income and their real income. Why is real income more important to that person.
If inflation averages 4 percent per year and your return on an investment, based on then-current dollars (market rate) is 10.5 percent, what is your real return on investment?
Explain why do you suppose that employees pay for general training and the employer pay for specific training with respect to the basic competitive model.
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