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At the height of the popularity of high protein diets like the Atkins diet (which encourage larger consumption of meat products at the expense of carbohydrates and sugars), what kind of effect did you expect to see on the equilibrium price and quantity of meat (i.e. increase or decrease in price? increase or decrease in quantity?). Was this realized in the market? Explain your answer in terms of shifts in demand and supply of meat and meat products.
Real GDP per person in both Alpha and Omega is equal to $2,000. Over the next 100 years, real GDP per person grows at a 1.5 percent annual rate in Alpha and at a 2.5 percent annual rate in Omega. After 100 years, real GDP per person in Alpha is _____..
What are some of the positive and negative aspects of technology growth? What can businesses and governments do, as they tried to do in Ohio, to make “transition” as smooth as possible?
As demand goes up, so does price. The decrease in production of other items decreases supply, and raises their price.
Compute the percentage change in price and quantity (%ΔP, %ΔQd) by adding this one room. Calculate the Price Elasticity of Demand.
If the note matures six years from today, how much money will you recieve from all the investments? Express this also as an annual rate of return.
What are the problems created by going directly to the manager with questions concerning data dictionary entries? Use a paragraph to list the problems you can see with your team member's approach.
Why would China want its own currency to be undervalued relative to the U.S. dollar? How does china maintain an undervalue currency?
q1. suppose you want a lump sum payment of 100000 three years from now. rounded to full dollars how many current
Explain how, despite being free, public education can actually make a household better off by consuming less education?
Suppose that Parvez, a pharmacology student is spending $120 budget on paperback novels and used CD's. For novels, MU/P = 5 ; for CD's, MU/P = 4. Is he maximizing his utility? Why yes, why not? Explain. If not should he consume more novels and fewer ..
suppose that a farmer has two very different 100-acre plots of land. suited for growing rice than corn one is very wet
q.why have generic drug companies been so successful? explain what political conditions also economic conditions would
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