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The opportunity cost of a choice is: A. the net value of the opportunities gained. B. the value of the opportunities lost. C. the difference between the benefits and costs of the choice. D. sometimes positive or negative.
Suppose you are told that price of Toyotas' has increased from last year as has the number bought and sold. Is this an exception of the law of demand, or has there been a change in demand or supply that could account for it.
q1. suppose that there are two products soda along with clothing. both brazil and the united states produce each
In 2012, Peter Pan’s Pizza Pizzeria produced and sold 10,000 pizzas at a price of $8 each. In 2013,Peter Pan’s Pizza Pizzeria produced and sold 12,000 pizzas at a price of $9 each. How much did Peter Pan’s Pizza Pizzeria contribute to nominal GDP (in..
This is a business law question there is now select subject for business law so I chose economic Miller, R. (2013). Fundamentals of Business Law: What is the importance of risk management to the business enterprise?
Economists generally dislike the restriction of trade because it:
Parikshit’s utility function is given by m+s1/2, where s denotes sushi (with price p in “normalized sushi-units”) and m denotes part of his income (in dollars) he does not spend on sushi. Find his demand function for sushi.
At December 31, 2013 and 2012, G Co. had 66,000 shares of common stock and 6,500 shares of 8%, $100 par value cumulative preferred stock outstanding. No dividends were declared on either the preferred or common stock in 2013 or 2012. Net income for 2..
If a firm has market power but cannot prevent its customers from reselling the product to other customers, the firm will:
q.a can of soda costs 0.75 in the united states and 12 pesos in mexico. what would the peso- dollar exchange rate be if
How many times would Mexico's 2005 real GDP per person have to double to reach the United States' 2005 real GDP per person.
Is inflation: High, Moderate, or Low? Is unemployment: High, Moderate or Low; what is the unemployment rate? Are interest rates: High, Moderate, or Low? Is the economy in: Growth, Stagnation, or Recession?
q.watch the video titled fear the boom and bust. using the tools of macroeconomics identify the primary difference
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