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Q1. Why can't money have the same value and look in every country?
Create a flow chart or table that describes the essential functions of banks. You should include a diagram that shows how banks transfer money.
Q2. Brenda Johnson has used a preprinted form that she got from the internet to create her will. However, she was unhappy with one section of the will and crossed out the parts she didn't like and hand wrote the changes she wanted. What may be true about this.
What is supply and demand. Illustrate what is the value of the tax revenue collected from the buyers. Why wasn't the government able to collect $12 per tire on 60 tires sold( the original equilibrium quantity).
Find out the equilibrium price and quantity that will prevail in the market. At a price of $10, would there be a surplus or shortage.
The marketplace demand for a type of carpet produced by a monopolist known as KP-7 has been estimated
Illustrate what are the assumptions being made about Jackie by her colleagues also managers.
The definition of a price maker is a firm with some power to set the price because the demand curve for its output slopes downward which in effect means those firms with a downward sloping demand curve have some market power.
Find the three stages of production. If the wage rate is $500 and the price of output is $5, how many workers should the firm hire? Why?
Elucidate what trends in the environmental forces (social, economic, technological, competitive, and regulatory) identified.
Assume the market for cough syrup is in equilibrium. Now, suppose the government imposes a price ceiling that is above the original equilibrium price. Illustrate what are the economic effects of the price ceiling?
What is the biggest disadvantage of using shells as money.
clearly show on youre graph the old equlibrium price and quantity. Can you tell for certain whether the new equlibrium price will be higher or lower than the old equilibrium price?briefly explain.
Compute the CV and EV associated with this price increase. how would you interpret these.
Decrease costs across the board. Find out elasticities of the products and increase the price on the inelastic shoes.
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