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What is the price associated with the point at which the quantity demanded of a product equals the quantity supplied?
Assume a tax of t=$2 is attached to each unit exchanged in market. calculate the new market equilibrium and the deadweight loss from this change.
Suppose 10% of all workers are of high ability. If a firm knows a worker's ability, workers of low ability are paid $20,000 and workers of high ability are paid $30,000. Obtaining a university degree can signal high ability, and the cost of degr..
According to the description of fixed investment, how would you expect a firm's investment decisions to be affected by asudden increase in demand for its products What factors would determine the speed of itsreaction
Given carrier frequency fc=900 Mhz and mobile speed is 100 km/h. Find the received carrier frequency when
Does Victor always prefer more of either good to less?
Expansion and contraction are commonly utilize terms in economics and the media.
In 1995, the FED began announcing its interest rate targets immediately following each meeting of the FOMC. Prior to that, observers were left to draw inferences about Fed policy based on the results of that policy. What is value of this greater o..
Why does quantity supplied tend to increase when prices go up and decrease when prices go down? Why does quantity demanded move in opposite direction?
During your next trip to the supermarket (or you may need to make a special trip) find two examples of different goods for which the market is oligopolistic. Make certain that you have chosen a ‘good' and not a brand name.
Two companies produce the same product. The firm's each determine their own output and the combined output of the two is sold at the market price.
with a u.s. marginal propensity to consume assumed at 12 what will happen to the following with the neoclassical model
Find the future value one year from now of a $7,000 investment at a 3% annual compound interest rate.if the investment is made for 2 yeaars also calculate the future value.
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