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Q. 1. Why Indifference curves are downward sloping?
2. Why Indifference curves are flatter whenever moving to the right?(Use a figure to show )
3. Define also show in a graph Illustrate what is "Income effect" also "substitution effect".(You need to show budget line also indifference curves)
4. If a country's growth is biased in favor of its import, this should unequivocally improve its terms of trade also its economic welfare. Use a graph to explain why
5. Illustrate what would be the effect of transfers of income from "Home" to "Foreign" on "relative demand " also "terms of trade" if home has a lower marginal propensity to spend on its own goods than on imports?
Nurses are used by the clinic to provide clinic visits. Each visit brings $2 in avenue for the clinic. The relationship between nursing units and clinic visits is as follows: The following is a labor supply function: Wage per hour Quantity of Nu..
Assume that all other banks hold only the required amount of reserves.
q.mirk labs is a pharmaceutical company that currently enjoys a patent monopoly in europe canada and the united states
Why would equal-sized falls in aggregate output due to a fall in aggregate demand have different effects on magnitude and duration of unemployment in se two economies.
Which computer software package should the firm's human resources office use to manage the payroll?
Explain why the general level of incomes is high in the united states also other industrially advanced.
find out the annual prices of oil for the past 5 years. By what percentage is the current price higher or lower than 5 years ago.
State the essential difference between the classical and Keynesian schools of thought. If you were a public policymaker and received conflicting advice from a classical and a Keynesian economist, how would you choose? Explain.
Fill in the column of marginal products. What pattern do you see. How might you explain it. Compare the column for average total cost and the column for marginal cost. Explain the relationship.
q.assume there are 2 products clothing as well as soda. both brazil plus the us produce each product. brazil
Illustrate what is the products price after the imposition of the tariff. what is the domestic value added before and after the imposition of the tariff.
Suppose the demand function is Qxd = 100 - 5Px + 2Py - M. If Px = $4, Py = $2, and M = $50, what is the cross-price elasticity of good x with respect to the price of good y?
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