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Q1. The average variable cost per acre planted with wheat was $107 per Acres. Assuming a yield of 50 bushels per acre, calculate the average variable cost per bushels per wheat?
Q2. "Trade restrictions will stop foreign imports, which will increase American employment and protect American jobs." Most economists realize this argument is wrong. Can you explain why?
Q3. What impact to decrease the supply of ball-point pens which is imported to the United States have on the domestic price of ball-point pens? Assume the pens are virtually identical regardless of country of origin.
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.
From the scenario, identify the possible illegal or unethical activities activities in which the print shop boss plans to engage in, and identify the consequences on society from an economic point of view.
Describe two ways in which greater education opportunities for girls could lead to faster economic growth.
Elucidate how a temporary decrease in the U.S. money supply affects the money and FOREX markets. Label your short-run equilibrium point B and your long-run equilibrium.
If you were in this industry also there was an increased demand for the product which pushed up the price of goods
Illustrate her optimal choice on a graph, using indifference curve-budget line analysis. b. Suppose that the price of a bagel increases to $5. What is Lisa’s optimal choice for breakfast now? You do not need to illustrate this new choice in a gra..
Suppose that Kristen and Anna can sell all their wristbands for $1 each and all their pot holders for $5.50 each. If each of them worked 20 hours per week, how should they split their time between wristbands and pot holders? What is their maximum joi..
Does Zara experience disadvantages from its "fast-fashion" allocation system. Are these disadvantages offset by the advantages.
If the objective is to increase total revenue, should the price be increased or decreased, Explain.
What factors determine the intensity of rivalry in an industry. Is the intensity of rivalry in the PC industry high or low.
illustrate the effect of capital formation by comparing the product posibility curves,at the present time and ten years in the future for two economies,one with a high and the other with a lowrate of capital formation.
Most macroeconomists believe it is a good thing to taxes act as automatic stabilizers also lower the size of the multiplier.
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