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The demand for inflatable garden gnomes is given by P = 300 – 2Q, while the supply of is P= 100 + Q/2. How many garden gnomes are traded in equilibrium?
Suppose that the market for gnomes is yet to reach equilibrium, and that the current price and quantity in the market for gnomes in the previous question is P = 150 and Q = 75.
What is the absolute value of the elasticity of demand at this point on the demand curve?
What is the long-term equilibrium enrollment in the tuition reimbursement sub-program and which sub-program's long-term equilibrium would be more greatly affected?
The industry has been very fragmented, so that few companies have the financial backing to make heavy investments in new technology and equipment.
Calculated the point price elasticity of demand for Papa burgers and calculate the optimal price for Papa burgers if marginal cost is $1 per unit.
How much money can his bank lend out initially? How much total money supply will change eventually in the whole banking system?
Completion of import documents needed for entry into the U.S. to include the tariff classification number and impacted duty rates or fees. Potential dumping issues (i.e. predatory pricing with knockoff products: when manufacturers export a product..
Based on the Solow model, how would each of the following affect consumption per employee in the long run? Describe and illustrate your answer graphically.
Given the global economy, increase of emerging economic superpowers such as China and India, and challenges to remaining competitive in a global world, do you think that American federalism remains relevant?
Discuss how is it possible to change society, for Marx, through using relationship between economy on the one hand and the political environment on the other.
Because of America's large budget deficits, the government is borrowing much from foreign countries. There are experts who believe, it is not economically wise for foreigners to hold so much of U.S assets.
For each of the following transactions, identify whether or not it would be included in GDP: What is Metrica's GNP? Is it higher or lower than its GDP?
What is the difference between a publicly held company and a privately held company? How can the two types of companies be identified?
The question is that if two firms in the Cornout market merge into one firm, what would the merger result in? how much of marginal cost would prevail in the market, etc are answered in a detailed in manner in the solution.
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