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Show analytically that equilibrium price under Cournot is greater than price under perfect competition but lower than monopoly price.
Discuss a decision made by your chosen company that involved costs that should have been ignored. why did the company include these costs in their decision process.
A persone has a choice between an apple or an orange. the persone chooses the apple. Elucidate what is the opportunity cost of choosing the apple.
Elucidate each event whether it changes short-run aggregate supply, long-run aggregate supply, aggregate demand, or some combination of them.
Elucidate how much will each worker have to pay per unit to provide the socially efficient quantity.
wages decrease by 15%. by what % do the new wages increase or decrease. 3. divide 3420 into two parts such that one part is 28% more.
The impossible trinity refers to the idea that a country can simultaneously pursue only two of the three following policies: free international-capital flows, monetary policy for domestic stabilization, and a fixed exchange rate.
Could you please explain why long run supply curve can be downward sloping and implication for behaviours of price as demand increases over long run.
Elucidate what does this imply about the use of monetary and fiscal policy over the business cycle.
llustrate what is maximum amount it would be worth to shareholders to elicit high CEO effort all time rather than low CEO effort all time.
The Wall Street Journal's experience after it increased its price to 75 cents. Illustrate what implicit assumptions are the publisher and the analyst making about price elasticity.
Edison Electric Company's president has been arguing that residential electric rates need to be raised relative to industrial rates.
Illustrate what is the point price elasticity of supply at the equilibrium quantity. Illustrate what is the new equilibrium quantity also price if every capita income increases to 20.
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