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Is the long term survival of the United States economy at risk because of the United states government's level of debt and the amount of the debt held by foreign entities such as China? Why or why not?
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q.consider the following demand as well as schedule for bottles of watercost p quantity demand as well as used by
Given prices for two goods PX = 2 and PY = 3 and a budget of $120 a consumer is trying to maximize the utility function U(X, Y ) = 2X^0.3Y^0.7 Use the Lagrange method to solve this problem, but don’t worry about the second order conditions. Write and..
Should the company buy or lease the fleet of trucks that it uses to transport it's products to market?
In 2000, the town of Brother’s Bay in Door County Wisconsin had a more-or-less free market in boat services. Any adult citizen could provide boat services as long as the drivers and the boats satisfy certain safety standards. What is the competitive ..
Economists argue that successful business depends on creating sustainable and effective supply and demand networks. If you own (manage) a business, how do you create effective deamnd and effective supply to maximize profit?
Draw a demand–supply graph and label the axes with the price and quantity of khaki pants. Next, for each scenario, draw the appropriate demand–supply curve. Compare the new demand curve or supply curve by drawing it on the same graph.
Suppose that a manufacturer is a monopolist in selling some product to a number of competitive retailers at wholesale price w. The manufacturer has marginal cost of $10 per unit. What is the market equilibrium retail price p? What is the profit-maxim..
When graphing a demand curve showing the effect of "news about the susceptibility of cellphone users to brain cancer" has on the demand schedule and curve for cellphones where would the "news about.." go on the graph, would that replace the price? If..
If Rob and Nate are the only people who purchase discs, graph the aggregate demand for discs and write down the equation for this aggregate demand function.
Some countries have fixed exchange rate systems instead of flexible exchange rate systems. Which of the following is a reason why fixed exchange rate systems have limited abilities to use monetary policy?
The nation of Upstandia uses kroner for money and its tax code is such that a person making 100,000 kroner per year pays 40,000 per year on income taxes; a person making 200,000 per year pays 70,000 kroner per year and a person making 300,000 kroner ..
The market equilibrium wage is currently $12 per hour among hairdressers. At that wage 17,323 hairdressers are currently employed in the state. The state legislature then sets a minimum wage of $11.50 per hour for hairdressers. If there are no change..
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