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In a certain kingdom, the demand function for rye bread was q = 181 - 8p and the supply function was q = 13 + 6p, where p is the price in zlotys and q is loaves of bread. The king made it illegal to sell rye bread for a price above 6 zlotys per loaf. To avoid shortages, he agreed to pay bakers enough of a subsidy for each loaf of bread so as to make supply equal demand. How much would the subsidy per loaf have to be?
question 1 a consider the market represented by the schedule in the table below.i draw a diagram. what is the
What will be the profit maximizing prices and the firm's profit, if the proposal of the marketing manager is accepted and calculate the profit maximizing price of the full package? What is the firm's profit in this case
Calls for more transparency in corporate giving programs have again raised the question of the role of business in society. Summarize the reasons for more transparency and the reasons against it.
The new Millennium Dome Company (NMDC) must choose the entry fee for a new sports arena. Suppose an expensive consultancy firm has estimated the demand schedule to be as follows:
you are given the following equation for the real demand for money mpd .25y-50r.a. compute the demand for money for
1 illustrate the following incidents with supply and demand graphs indicating the change in equilibrium price and
1. Suppose inputs are only substitutable at two units of labor for every one unit of capital, and one unit of output is produced for every unit of labor or ½ unit of capital. What would be the equation for the production function? What is the ..
your uncle repays a 100 loan from goliath national bank by writing a 100 check from his gnb checking account. use
as an organizational leader investing your companys cash would you choose stocks bonds or derivatives for investment
Identify one decision that you made in the Preview (for example, to attend the football game). List all the tradeoffs of that decision. In your list, circle your opportunity cost of that decision. Then explain why this is your opportunity cost.
i draw the budget line and the relevant indifference curve for a consumer who is initially a borrower. indicate the
Presume that a scatter diagram with math grades on the y-axis and science grades on the x-axis shows a strongly positive relationship. From this graph we can state that
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