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Think about the merchandise sold at Office Depot, Staples, and Office Max, and list 3 to 4 types of merchandise that fall into extended problem solving, limited problem solving, and habitual decision making for college students. Explain how the catergories of merchandise would change for each type of buying decision if the customer was the owner of a medium size business.
Draw the production possibility curve and a. Define consumer surplus and producer surplus.
Place the words "FOMC meeting 2009" in the search section of the site. Elucidate the consequences of such a decision on the economy.
Sort the list below according to whether or not an item is an assumption made under perfect competition (aka pure competition or competitive industry). Assumed in perfect competition. Not assumed in perfect competition.
Based on Figure 1 if the Mexcian government imposes a per-unit tariff of $2.5 on calculators, the total quantity of calculators produced by Mexicans producers at equilibrium with international trade is
at what interest rate would the person earn interest if the interest was compounded annually? b) if the double declining balance (200% DB) method is used, what is the depreciation amount for year 2?
If interest rates remain unchanged, what is the expected capital gains yield, stated as a percentage, over the next year for Bond A and for Bond B.
Figure 1 is the cost and revenue curves for a perfectly competitive firm.
Which of the following changes would lead to a change in production function? More Machines, better ideas, savings rate, output, depreciation rate? More than one choice can be chosen.
Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..
Market demand is given by P = 140 -Q. There are two firms, each with unit costs = $20. Firms can choose any quantity. Find the Cournot equilibrium and compare it to the monopoly outcome and to the perfectly competitive outcome. Why aren't the latter ..
How great an open market purchase or sale of securities should the central bank undertake to restore the original interest rate.
Suppose that a proposal is under review to strengthen the NPDWS for benzene, and the associated abatement level would generate a marginal social benefit (MSB) that is greater than the marginal social cost (MSC) by $125,000. On efficiency grounds, sho..
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