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If a product yields external benefits, then the:
A) Social demand is less than the market demand.
B) Social demand is greater than the market demand.
C) Market demand is equal to the social demand.
D) Market demand is equal to the governmental demand.
Consider two mutually exclusive alternatives stated in year - 0 dollars. Both alternatives have a three - year life with no salvage value. Assume the inflation rate is 1.59 %, an income tax rate of 39 %, and straight - line depreciation. The MARR ..
How does your answer compare to an economy in which the total amount of the loan is deposited in the banking system and the public does not hold any of the loans in currency?
Find total revenue for quantity equal to 10,000, 20,000, and so on. Illustrate what is the marginal revenue for each 10,000 increase in the quantity sold.
Suppose that there is an increase in the demand for personal computer systems. Explain the likely effects on marginal revenue product, marginal factor cost, and the number of workers hired by the firm.
Avoid having developed economies regress to a Smoot-Hawley type of isolationism or protectionism to avoid job losses in import-competing sectors.
Evaluate the Keynesian economists, besides John Maynard Keynes. Determine which economist you feel made the most significant contribution to economic theory. Justify your selection.
Illustrate what is the firm's profit maximizing output level. Is the industry in long-run equilibrium.
What would the annual percentage change in velocity have to be on average for the quantity theory to hold.
Suppose that there are two products: soda along with clothing. Both Brazil and the United States produce each product.
If the original supply curve of cocaine on the streets was horizontal, what is the net effect of police activities on the market for crack in this city. Compute the value for p that prevails before police intervention in the market.
assume equilibrium price in a perfectly competitive market is $100 and within this market, a typical firms total cost curve is summarised. Find expected profit maximizing output.
Businesses large and small now compete in a truly global economy. To be successful in another country it is essential to understand and appreciate the cultural differences that exist. Business practices and ideas that work well here in the
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