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Fill in the surplus-shortage column. I want to know how to get the answers
Then answer the following:
A) what is the equilibrium price in this market?
At what price is there neither a surplus nor a shortage?
B) draw the supply curve and the demand curve and locate the equilibrium price and quality.
Consider a market with demand function D(p) = 1000 ? 10p and aggregate supply function S(p) = ? 200 + 20p if p ? 10 [and S(p) = 0 otherwise]. Compute the competitive equilibrium price and quantity, as well as the equilibrium value of consumer surplus..
Carrboro has three equal-sized groups of people: (1) type A people consistently prefer more police protection to less; (2) type B people prefer high levels of police protection to low levels and they prefer low levels to medium levels; Which types of..
The interest rate affects the investment patterns in the economy. A friend of yours suggests a get-rich-quick scheme: Borrow from the nation with the lower nominal interest rate, invest in the nation with the higher nominal interest rate, and profit ..
Compute and indicate the area of profits on your graph. In light of your answer above, does it make sense that this firm is "maximizing profits".
In light of the economic downturn, attention has been brought to companies that seem to have a monopoly on a particular market.
Can you make a decision of what part of the business cycle the U.S. economy is currently in? Why? What factors lead you to this conclusion? You may want to do additional research of sources to reach a conclusion.
q1. least degree of confidence in an economic generalization?q2. what is example of propaganda?q3. a. assume the
Which of the following policies are consistent with the goal of increasing productivity and growth in developing countries? Pursue inward-oriented policies. Increase taxes on income from savings.
Select the most serious disadvantage of globalization (in your opinion) and make at least one recommendation
The term________ refers to a market exchange that affects a third party who is outside or external to the exchange. Which of the following is used to describe the full spectrum of animal and plant genetic material? Property rights are the legal right..
Discuss the difference between tangible and intangible priorities and why ground rules are important when both parties are amenable to negotiate
A university has a fixed number of parking spaces for students on campus. They are currently sold at a price that clears the market. Suppose there is a proposal that the price should be lowered and a lottery held to determine who may park on campus. ..
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