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Malaysia experienced sugar shortages a few years back. Goverment wanted to provide relief to the public through price control. What are the economics implications of such a move? (Use the concept of equilibrium price)
business owners managers and aspiring entrepreneurs need to know the best form of business organization to select
The firms and workers in Alpha form expectations adaptively. The firms and workers in Omega form expectations rationally. Their otherwise identical economies are initially in equilibrium at the natural level of output with 10 percent inflation.
Rising educational levels of women have been central to our discussions of marriage behavior, fertility behavior and labor force behavior. And, education is a focus of the recent report by the Pew Research Center.
starting with the estimated demand function for chevrolets given in problem 2 assume that the average value of the
The price of Labor (L) is $50 for each unit and the price of capital (C) is $20 per unit. How much labor and capital should Joy employ to produce 100,000 units? Find out the total cost of production?
Estimate whether each of the following would cause a shift of the aggregate demand curve, the aggregate supply curve, neither, or both.
would you expect the price elasticity of demand to be higher at the level of an individual school or at the aggregate
1. greg has a salary of 100. he spends his entire budget on milk and cookies. the cost of a quart of milk is 2.00 and
The marginal cost of making a wedding cake is $200. In order to maximize profits, Laura should make more than 20 wedding cakes per month. make fewer than 20 wedding cakes per month.
Suppose that the Federal Reserve thinks that a stock market bubble is occurring and wants to reduce stock prices. What should it do to interest rates?
The division of a large office services company that makes high-end copiers recently signed a five-year, $25 million contract for IT services from CGI Group, a Canadian information technology company.
develop a good regression model with x variables in the regression equation. be sure to complete each part and write
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