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Q1. Suppose which Jack also Jill is at the duopoly's Nash equilibrium (80 gallons) when a third person, John, discovers a water source also joins the market as a third producer.
Q2. Hana purchased for $100,000 two-year Treasury notes with a total principal amount of $110,000 also all with coupon rates of 5% paid annually. With one year before the notes mature (also after receiving the coupon payments for the 1st year), Hana sells the notes in the open market when Treasury notes with one year left to maturity are yielding 11.0577%. Hana's rounded one-year rate of return earned from her purchase of the Treasury notes is equal to illustrate what %?
Effects on equilibrium cost as well as quantity when wages for all dental assistants enhance, increasing the expenses of inputs.
Calculate the cross-price elasticity of demand. Given the elasticity you calculated, did it make sense for supermarket to raise its price.
Distinguish between the resources market and the product market in the circular flow model.
Does the concept of technological efficiency permit us to determine at which point on an isoquant a firm should operate.
Is there any range of production characterized by scale of economies. At Illustrate what production level are scale economies exhausted.
Microsoft appears to have a monopoly with over 90 %of the personal computer operating market. Why then would it not be charging a monopoly price
a homeowner can insulate his house and save $50 each year in heating bills. If the interest rates are 6%, should the house owner insulate or not.
The production process requires labor and capital as inputs. Labor costs $6 per labor hour and capital costs $12 per machine hour.
What do you imagine about the interest on payday loans is too high or just right.
Explicate 2 important indicators the Federal Reserve System will use to analyze this particular economic situation.
Elucidate the value of a trucker's life disguised by compensating discrepancy among the two firms.
Clarify what action monetary policymakers must take for the actions of fiscal policymakers to have no effect on real income.
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