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During Valentine's week, more people buy chocolates and chocolatiers offer their chocolates in special red boxes, which cost more to produce than the everyday box. Perform an analysis for the market of boxes of chocolates (explain in words + graph) and show on a graph the adjustment process to the new equilibrium. Describe the changes in the equilibrium price and the equilibrium quantity.
Calculate the value of the objective function over the 5-year period and which policy is best? Why?
Compare and contrast single-member districts and proportional representation (PR). How effective is each electoral system in representing its people's interests? How do they support the party systems around which they arose?
Examine the fiscal policies in place at the start of your specific time period in relation to their effects on macroeconomic issues.
Graph the answer and shade or show if it has a feasible solution, is unbounded, has no solution, has multiple solutions or is redundant.
Larry is owed money in two bankruptcies, X and Y. He is owed £28,500 as an unsecured creditor in bankruptcy X that pays £0.29 in the pound to unsecured creditors. He is also owed £40,000 in bankruptcy Y, as the sole secured creditor. The total ass..
Under which circumstances is it best for a speculator seeking a capital gain to purchase bonds and If the market interest rates on other similar bonds decreases, you can be sure that?
this problem is based on the specific factors model. consider the economy of the shire that produces cereals and
How this changes in the minimum wage, could possibly affect the unemployment rate? What will be the macroeconomic effects, of minimum wage change in the economy?
Why can't all the balance of payments accounts be in surplus? What factors determine the demand for British pounds in foreign exchange markets
Two identical firms each have a cost function TC = 2y2 and the market demand for their output is P = -4Q+192 a) Write the "best response" function for each firm. b) Find the Nash equilibrium in this model
A 1996 nill reforming the federal goverment's antipoverty programs limited many welfare recipients to only two years of benefits.
Put together data on the U.S. real interest rate for 1970-1976, a period that includes the first OPEC oil shock. How did the U.S. real interest rate behave?
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