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Q1. Use a hypothetical example to illustrate whether you agree or disagree with the following statement: "Unemployment will go up more if the demand for labor is elastic because the demand for labor will decrease more when you have elastic demand than if demand were inelastic." Elucidate why using hypothetical numbers to illustrate your case.
Q2. What suppose that you buy a bond for $100 that pays 4 percent interest per year. How much money will you have earned when the bonds reaches maturity in five years?
1. derive the fundamental equation of the solow model2. country a as well as country b both have the production
Find out the ticket price that maximizes revenue. Find the profit-maximizing expenditure on players and the profit-maximizing fraction of games to win.
Define adverse selection in a general way and then provide a more specific definition of adverse selection in an insurance market and explain how adverse selection manifests itself and becomes a problem in insurance markets.
Assume the price falls to $ 7.50. What think would be a short-run impact on the production of the company. What would be the long term.
Discuss the concepts of marginal product and marginal cost. Also discuss the importance of trends in these and other economic measures and how time-series analysis (trend analysis) can be used or misused to make important management decisions
Illustrate by how much (what percentage) does the consumer facing a 15% marginal tax rate alter his or her level of charitable giving as the result of the deductibility of charitable contributions?
If both manufacturers offer the same value, then 50 customers buy from each manufacturer. Find all symmetric Nash equilibria.
Find the net demand curve-facing industry A. Conclude A's optimal price also o/p. How much o/p do the other Industries provide in total.
Illustrate which of the three cases, if any, do you think that demand has increased more rapidly than supply. Explain your reasoning.
Discuss the importance of the command process and the traditional process in the making of management decisions. Illustrate specific ways in which managers must take these two processes into account.
A monopolist faces demand given through: P=100-4Q and has marginal costs given through: MC=10+2Q Create the demand, marginal revenue and marginal cost curves. Compute and demonstrate how much this firm will sell and what it will charge.
Explain by how much did real GDP increase between 2002 and 2003. Velocity in the country of Shem is always stable.
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