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Q1. Suppose a consumer is at an optimum, consuming 6 hamburgers a week at a price of $1.50 each and 10 donuts a week at 50 cents a donut. If the price of a hamburger increases to $2.00, what will the consumer do to arrive at a new equilibrium? Why?
Q2. What do you understand by the investment multiplier? In what way does it defend the policy of public works on the part of the state during business depression?
Describe the least cost combination of L and K when output is produced at the rate of 1,000 tons per day. Describe the required outlay for 1,000 tons per day.
Elucidate what is an economic system in which economic decisions are controlled by the internal interaction of suppy and demand.
Assume that the marker for tradable emissions permits by power plants has been operating efficiently for several years. An engineering firm then invents a lower cost device for pollution abatement. What happens to the equilibrium market price of a tr..
Elucidate how the presence of imperfect information also asymmetric information provides theoretical reasons for financial intermediaries to exist.
Elucidate which methods resulted in the most hits. Elucidate which methods resulted in few or no hits.
The nominal interest rate is 12% compounded semi-annually. What single amount on July 1, 2015 is equivalent to this cash flow system?
Explain effects of monetary policies on economy's production and employment. Cite your references appropriately. If you used an electronic source, include URL. If you used a printed source please attach a copy of data to your paper.
A physician's office expenses increase 10 percent so she decides to raise the price of office visits by that much. Assuming the demand curve for office visits does not shift, what will happen to the total number of office visits and practice reven..
Explicate your rationale. Once more, with the similar organization in mind, converse the most effective way to maintain also extend a competitive benefit.
a researcher reported that he had found the demand curve for kerosene to be upward sloping.-as the price of kerosene rose the quantity demanded of kerosene increased. Illustrate what questions might you have for this researcher.
Illustrate we know about the effects of mandatory seat belt laws, which of the following groups would be most likely to mount a campaign to repeal those laws.
Would the worker be better or if, instead of the health insurance, she was given a £100 per week pay increase which would be taxed at 20%.
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