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Suppose the demand for a product is given by P = 40 4Q. Also, the supply is given by P = 10 + Q.
What is the price elasticity of demand at the equilibrium price?
What is the expected value and variance of the number of defective chips and what is the probability that they discover exactly 9 defective chips in this test?
Excess burden is caused by the fact that taxes Answer are spent in ways that taxpayers do not support. distort economic decisions. generate less revenue than the government spends. are regressive instead of progressive.
What choice of payment systems will be used and how you will address privacy and other relevant ethical concerns - how you will address legal issues connected with the e-commerce business
How can two countries both be better off as a result of trade? How can tariffs protect U.S. jobs? Do tariffs lead to a net increase in jobs? Explain. Who are the winners and losers from trade restrictions? Given that trade restrictions impose loss..
1 right-to-work laws in individual statesa. make it illegal to require union membership as a condition for continued
1. the following table shows the number of calculators that can be assembled per week by various numbers of
A fall in the value of the dollar against other currencies makesUS final goods and services cheaper to foreigners even though theUS aggregate price level stays the same. As a result,foreigners demand more American output.
(A)If the production function is AK and the savings rate is the constant rate "S", and the rates of depreciation and population growth are d and n respectively, what would the growth rate of the economy be
Jamaica is the 4th largest island nation of the Greater Antilles.It is situated in the Caribbean Sea south of Cuba, and west of Hispaniola, the island containing the nation-states of Haiti and the Dominican Republic. Jamaica is the 5th largest isl..
W(sub)a= 1/a1(Y1)+1/a2(Y2)+1/a3(Y3)+1/a4(Y4) where a(i) are the constants. a) What restriction on the ai is needed for Wa to be an unbiased estimator of mu? b) Find the variance of Wa.
Write a 200 word paper or risk diversification as it relates to international capital flows for a MNC.Use a specific company and specific countries for your example as you explain why companies view this topic
you just won the irish lottery you bought a ticket while you were on vacation in ireland and you just won a 1 million
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