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Explain the effects of rent control in the stock-flow model of the housing market.
Can we determine the profit maximizing quantity and price in an oligopoly?
What is the current economic issue about China? What are the important factors of economic growth? What the future holds?
For the past few years, Cuban baseball players have been leaving their country illegally to play professional baseball in the United States. (Ex. Yasiel Puig, Rusney Castillo, Jose Abreu). What laws in Cuba are restricting them from leaving legally? ..
The demand for good X has been estimated by Q xd = 12 - 3Px + 4Py. Suppose that good X sells at $2 per unit and good Y sells for $1 per unit. Calculate the own price elasticity.
As the United States economy moves out of a recession, U.S. financial investors increase their purchases of stocks that are expected to earn a higher rate of return than they are currently earning on their savings account deposits. Explain how the ch..
The government is considering a policy to reduce air pollution by restricting the use of “dirty” fuels by factories. In deciding whether to implement the policy, how, if at all, will the likely effects of this policy impact real GDP?
An employee has been offered a 5 year contract for a position at a company. They offered 3 different payment terms and asked you to decide your preferred option. If each of these options are to be paid 2 times per month in equal installments,instead ..
Consider the AS/AD model. Analyze the effect on the economy in the short run and in the long run after the following events: a). the Congress increases investment tax credits b). the congress decreases import tariffs. Determine in details how can mon..
Suppose the money supply grew at an average annual rate of 3%, velocity decreased by 5%, the nominal interest rate averaged 9%, and output grew at an average annual rate of 5%. According to the Quantity Theory, what is the real rate of return?
Mathematical Problem: Competitive Firm Decisions. Suppose a perfectly competitive firm experiences total cost (TC) and marginal cost (MC) according to the following equations, where Q is the quantity produced (output). Calculate the profit-maximizin..
q.harvey enterprises inc. has hired you to analyze demand for product z. a statistical analysis of demand for the past
From the perspective of an international marketing executive working in a multinational organisation, use relevant concepts to explain and analyse the key considerations when deciding to operate in new international markets.
The price elasticity of demand for natural gas is -1.2, and the price elasticity of supply for natural gas is 0.6. If the government imposes a ceiling price for natural gas that is 10 percent below the equilibrium price, the result will be a shortage..
Consider a competitive industry with many identical firms. The supply curve of an individual firm is given by S1(p) = 2p when p ≥ $2 and S1(p) = 0 when p
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