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A friend of yours is considering two cell phone service providers. Provider A charges $120 per month for the service regardless of the number of calls made. Provider B does not have a fixed service fee but instead chaarges $1 per minute for calls. Your friend's monthly demand for minutes of calling is given by the equation Qd= 150-50P is the price of the minute?
A firm in perfectly competitive 'industry has this cost function: TC = 900 + q^2-If market demand is QD = 1800 - 20P, what is the long-run equilibrium price, quantity produced by the firm and the industry, and the number of firms in the industry?
Now assume the government increases spending, reducing the country's savings rate based upon this change. What is the effect on the government spending on the economy.
Suppose that a less developed country known as LDC encourages direct foreign investment
Illustrate what is included in determining any of the measures of money supply. what happens to the equilibrium price level and output rate.
Calculate Gross National Expenditure (GNE) for 2014 and calculate Gross National Product (GNP) for 2014;
Compute the 10-year growth rate forecast using the constant growth model with annual compounding, and the constant growth model with continuous compounding for each occupation.
Explain 3 to 5 factors in the economy that will impact the demand for gasoline and one for the cost associated with manufacturing the good or service.
The Yankees have determined that there are 3-groups of purchaser for their tickets. They have determined that the price elasticity of demand for group one is -1.02,
Are natural disasters occurs of inflation or deflation. Where might the public see the evidence.
Explain if you are traveling to Europe in six months and you believe the Euro is going to appreciate against the American dollar, list two ways you could hedge this situation and protect yourself against the appreciation.
Please comprise in your response, the formulas for this problem among with a detailed explanation of how it is solved, and your rationale for reaching your conclusions.
Assume you are an aid to a government official deciding on some recently proposed excise tax on the welfare of her constituents.
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