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The perspective is that the tougher enforcement of drug laws for cocaine or other drug laws may actually increase the crime rate. Post your opinion using the concepts of demand, supply, and elasticity in your discussion.
Re-create the spreadsheet shown. If e-books did not exist (set PE = $20 so that QE is 0), what is the publisher's profit-maximizing hardback price?
What is the average fixed cost for the third unit of output and what is the average variable cost for the 5th unit of output?
Q#1Assume the demand curve for beer is given by P=11.7-2Q; the supply curve is given by P=Q.
goods and services that are not sold in markets such as food produced and consumed at home and some household articles
Discuss critically the contributions of the modern classical school to our understanding of the role and limitations of monetary and ?scal policies for stabilization, and compare these with those of the neoclassical model.
Determine the price at output level - Complete the Microsoft Excel Template given below using the data in the problem.
Candi has just purchased a car for $7,500. She expects that the value of this car will decline by 13% each year. Eventually Candi wants to sell this car for $2,000 and buy a new one. How many years should Chandi use this car before she can sell it?
What is the equilibrium Price and Quantity in the market and describe what would happen in this market in terms of the supply and demand curve.
Write a critical commentary on the Stern review on climate change from the perspective of African nations. You can use case studies of one or more African nations.
Explain the difference between a monopoly and an oligopoly, and a cartel and provide an example of a monopoly, an oligopoly, and a cartel.
A household splits its $4,000 monthly income between necessity and luxury goods. The average price of necessities is $30 per unit and that of luxuries is $100 per unit. Write the household budget constraint.
1) If it costs more energy to recycle than to dispose, shouldpeople be incourage to recycle 2) Oregon Forrest Restoration Act requires a logging companythat cuts a tree, must plant 3 to replace it. Why do you think mosteconomist saythis law is not..
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