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Q1. The Happy Crystal Bank of Kowloon lends money to risky businesses. The risk premium it charges on its loans is classified as profits in economics. This statement is true or not explains?
Q2. Competitive Market Equilibrium
Syracuse Paper supplies printer paper in upstate New York. As output of other wholesale distributors, Syracuse Paper must meet strict guidelines also the printer paper supply industry can be regarded as perfectly competitive. Illustrate what are the total marginal cost relations?
What do you think that Apple's ability to control the pricing of downloaded song is likely to change in the future.
Illustrate what is the gain in consumer's surplus for ABC fan that can get these sweaters at Target instead of at the ABC.
Suppose one insurance company decided to charge teenagers and adults the same premium based in the average risk of an accident among both groups.
Indicate how Ford's management should use this information to make sound strategic decisions.
Which one of the following government actions is intended to generate positive externalities.
Is there any range of production characterized by scale of economies. At Illustrate what production level are scale economies exhausted.
explain why an increase in the wage rate for autoworkers will generate more of a negative employment response in the long run than in the short run
An intraocular lens manufacturing is in the qualification process of a polishing machine.
If buyers pay $8 per unit to the intermediary but sellers offer to rebate part of that expense to buyers.
Joe has $16 to spend on Twinkies and Hohos. Twinkies are prices at $1 and Hohos are priced at $2 per pack.
Fred's Fashion Accessories of New Jersey produces jewelry for sale in Boston and New York subject.
Suppose you read in the newspaper that all last week the Fed conducted purchases in open market, and that on Tuesday of last week it lowered the discount rate.
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