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Q1. Suppose the supply of coal is perfectly inelastic, and the price elasticity of demand for coal is -0.4. If the government imposes a binding price ceiling for coal at a price that is 20 percent below the market equilibrium price, what is the impact of this policy on the market quantity?
Q2. In the article "A Perspective on Inflation Targeting", Ben Bernanke dispute to facilitate the depth of the 1973-75 recessions was reason only in part by amplify in oil prices per sec. Does the aggregate demand-aggregate supply model support Bernanke's thesis?
The discount rate for the stock is 15% and the rate of return on reinvested earnings is also 15%
determine which of the risks involved holds the most risk to the subcontractor.
Explain how many spots of each kind should it purchase to meet se three goals and do so at minimum cost.
q.frank knight has a job as a sales manager earning 100000 per year and he is deciding whether to purchase a bakery
q.if a firm faces a shortage of workers with very special skills it may decide to undertake necessary training itself.
Who sells permits and Explain how many do y sell. Who buys permits and Explain how many do y buy. Briefly explain why sellers and buyers are each willing to do so. Illustrate what is total cost of pollution reduction in this situation.
What are the strengths and weaknesses of the measure of welfare used by many economists: consumer welfare plus producer surplus.
List their yearly sales and extent of operation, what are some of their incentives to consolidate, list and describe the firms in the industry, explain the product,
Which of the following represents the consensus among most economists today with respect to the management of unemployment?
The output, revenue, and profits for a firm under bad times for a firm in isolation and in a pooled labor market. b) the output, revenue, and profits for a firm under good times for a firm in isolation and in a pooled labor market.
Illustrate what has presidents immediately under the principles of immediate wants of the nation also mandate from the people.
Point out which costs (sunk cost, incremental cost, fixed cost, variable cost, marginal cost, opportunity cost, out of pocket cost) are considered "relevant" and which are considered "irrelevant" to a business decision. Explain why.
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