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Q. Many small boats are made of fiberglass, which is derived from crude oil. Assume the cost of oil rises:
a. Using diagrams, show what happens to the cost curves of an individual boat-making firm as well as to the market supply curve.
b. What happens to the profits of boat makers in the short run? What happens to the number of boat makers in the long run?
If the federal government chooses to increase government expenditures explain the three methods of financing the expenditures in terms of: which is the most expansionary, what are the negative effects of each, and which is the most inflationary.
Elucidate causes lags in effect of monetary and fiscal policy on aggregate demand. what are the implications of these lags for the debate over active versus passive policy.
q. a firm in a purely competitive business is currently producing a 1000 unitday at a total cost of 450. if the firm
If average total cost of producing wheat is $8 and cost of wheat is $6, illustrate what would you advise farmer to do.
q.electoral college system take a country named know land that has. suppose there are 9 small states in know land where
Compute new supply of $ at each exchange rate and graph the new supply curve.
Imagine that you work for the maker of a leading brand of low-calorie, frozen microwavable food that estimates the following demand equation for its product using data from 26 supermarkets around the country for the month of April. Note
A nation whose interest rate is rising more rapidly than interest rates in other nations can expect the international value of its currency to appreciate.
What are the short-run equilibrium values of the price level, expected price level, output, and unemployment rate. Illustrate what are the values of cyclical unemployment and unanticipated inflation.
How does definition of a market, or for that matter, a business strategy, affect that perception of a monopoly.
The Wall Street Journal's experience after it increased its price to 75 cents. Illustrate what implicit assumptions are the publisher and the analyst making about price elasticity.
Illustrate what impact on quantity demanded and supplied for new cars will be as a result. Used demand and supply diagram and clear explanation.
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