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Currently, the demand equation for baseball bats is Q=300-5P. the current price is $15 per bat. is this the best price to charge in order to maximize revenues? If not, indicate what price you should charge and quantity that you should produce in order to maximize revenue. please show all work.
The Federal Reserve was created in 1913 to oversee banking activities in the United States. It is, in effect, a banker's bank. Its role is to keep banks secure and to prevent financial panic. Does the Federal Reserve have too much power or do they ne..
q1. a discount store has a special offer on dvd players and lowers their price from 150 to 100. assume the store
Suppose the currency-to-deposit ratio is 0.25, the excess reserve-to-deposit ratio is 0.04, and the required reserve ratio is 0.05. Which will have a larger impact on the money multiplier: a rise of 0.05 in the currency ratio or in the excess reserve..
The advent of personal computers also word processing software which eliminated the market for electric typewriters would be an example
When looking at prices, you will find that they are flexible in our economy. What would happen if the government started to control the direction of prices? How would buyers be able to respond to these changes?
Using the assumption of the past predicts the future write an equation for the weight forecast. Do the same for the assumption of cause and effect. How does the concept of error play into each?
Explain each of the four components of GDP. An individual has 10$ million on deposit in a financial institution drawing interest. That individual has no reason to fear inflation or recessions.
q1. describe what we mean by greening and thinking green. list several ways that people and businesses in the green
An estimated 1.8 million students take on student loans to pay ever-rising tuition and room and board (The New York Times, April 17, 2009). It is also known that the average cumulative debt of recent college graduates is about $20,100. Let the cumula..
q.suppose there is a credit market imperfection due to limited commitment. each consumer has a component of wealth that
Which of the following would occur if the federal government decided to use a budget surplus to reduce the existing debt.
In 1988 the US gross domestic product (GDP) increased to $4.90 trillion at year end, from the 1987 year end level of 4.54 trillion in actual escalated dollar values. In the same year, the consumer price index rose approximately 4%. What was the const..
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