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Agree or disagree and explain. The AD schedule slopes downward because real income rises as the price level declines and everybody buys more as the real income rises.
What is the maximum it would be reasonable for the owner of a building to pay for a new sprinkler system if it would save $715 per year in insurance premiums? Assume it would have a life of 20 yrs and a salvage value equal to 10% of its first cost.
Managers are very interested in how a consumer makes a choice among alternatives. In this exercise, we ask you to consider the amount of money you spend purchasing gasoline to operate your automobile for a month and any alternatives available to y..
A constant cost, perfectly competitive market is in long-run equilibrium. At present, there are 1,000 firms each producing 400 units of output. The price of the good is $60. Now suppose there is a sudden increase in demand for the industry's produ..
If the demand elasticity for kiwi fruit is -0.2, would kiwi farmers be better off if tropical storms destroyers 1% of each farmers crops what does that tell you about the farmers incentive to form a cartel
The company estimates the probability of no damage to be 0.60, the probability of damage between $0 and $10,000 to be 0.25. what should be the price of the policy.
How would a downward change in the money supply affect you personally How would it affect your career What impact would rational expectations have on your decisions in this situation
A firm is making a long-run planning decision. It wants to decide on the optimal size of plant and labor force. It is considering building a medium-sized plant and hiring 100 workers.
in a hypothetical economyc 124 .75 disposible incomei 60 - 9 r g 156netxports 38-.05ythe government levies a 20
A small town wants to acquire an electric generator facility for half a million dollars. It will cost approximately $4,500/year to maintain the facility. The facility has an expected useful life of about 50 years. The annual interest rate is 6%
.economists have taken opposite stands on the effect advertising can have on the level of competition in a
Governments routinely alter their spending patterns to impact the economy, particularly as they relate to GDP growth and unemployment levels. Explain what effect an expansionary fiscal policy would have on the price level and real GDP starting fro..
to assist the sale of your products in a particular foreign market you are advised to pay a 10 percent commission to
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