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Q1. The Herbivores Society is selling mini BBQ vegetable burgers for $3.00 each. If each individual student has the flowing demand: P= 10-q, and there are 500 identical students, Illustrate what is the quantity of burgers demanded in equilibrium?
Q2. Based on the following information, answer the question below. Year Average Price Quantity 1995 100 250 2005 125 400
Compute the real and nominal GDP values for the year 2005. Use 1995 as the base year.
Explain why does price equal marginal revenue for the purely competitive firm. what is the relationship to the demand curve for the firm.
Discuss the incentive effects associated with this EMTR program regarding conclusion to join workforce
An increase in autonomous investment will cause equilibrium output to increase
Explicate the difference between balanced growth strategy and unbalanced growth strategy.
Elucidate an example of a microeconomic and macroeconomic phenomenon. Would you give an example of a microeconomic decision you have made at home or work.
suppose there is 120 million of cash and that half of this cash is held in bank vaults as required reserves that is
Which of the following possibilities is consistent with the property of diminishing marginal product.
Suppose at the current level of labor used, the MRP = $100 and the MFC = $50. Elucidate the maximize profits
What appears to be major constraint that central banks used to determine limits of monetary injections into economy. Did United States use same or different criteria.
Compare murder rates with and without death penalty. Cross-section of states: is murder rate higher on average in states without executions.
Some Keynesian economists criticize official unemployment statistics for understating extent of joblessness in United States. Which of following statements represent short comings of official unemployment rate reported by Bureau of Labour Statisti..
1. Discuss the mission, vision, values, and goals of Walmart. Relate and connect this to the case reading, chapter 1, frontline video and corporate website for Walmart. 2. Do you think vision, mission, goals, or even values take the lead role at W..
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