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Describe three (3) ways we can use macroeconomic analysis, with one (1) original example for each way. You are running a small yard maintenance business for the summer. What do you expect to happen to the number of yards you can maintain in a day as you add workers if you don't purchase more capital equipment (like mowers and leaf blowers)? Provide at least two (2) supporting facts to support your response.
(i) Calculate the principal that will earn a total of £2,535 in 4 years at 3¼% simple interest per annum. (ii) Calculate the amount of interest earned in the first year
A perfect competitor finds that the best it can do if it produces any output is to produce a daily output of 100 units which it will sell at the market price or AR of £10, but even then it would then make a loss. Under what circumstances would it ..
Explain how your policy would help increase aggregate demand. That is, does it increase C, I, G, or X? Explain what would happen to prices (i.e. inflation).
Suppose the annual demand function for the Honda Accord isQd= 430 - 10PA+ 10PC- 40PG, wherePAandPCare the prices of the Accord and the Toyota Camry respectively (in thousands), and P Gis the price of gasoline (per litre).
Describe the opportunity cost of good 1 in terms of good 2. Find out the opportunity cost of good 1 at the point where x1=1.
Compute the marginal cost in the given case. Illustrate what is the marginal cost with 8 workers to two decimal places.
Which equation represents the relationship between GDP and the four major expenditure components?
Explain how a bank's ability to create transaction deposit accounts through loans creates money.
1. Give an example of the use of physical separation for security in a computing environment. 2. Give an example of an object whose security level may change during execution.
Doesn't being more tuition inelastic mean one is less likely to be affected by a tuition increase? Wouldn't the junior or Senior student be less likely to switch schools?
Choose a firm with operations. Discuss the company's activities outsize the United States and identify which economic concepts, sure as comparative advantage, apply to your company.
You are the manager of a monopolistically competitive firm, and your demand and cost functions are given by Q=20-2P and C(Q)=104-14Q+Q^2
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