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Say your parents give you a car for your birthday. It is not the new model you wanted, but it's in very good condition. They bought it used for $15,000 market value. The cost of keeping the car to you is not counting maintenance and operation cost is:
Which aspects of the Great Depression are echoed in the ongoing economic crisis that began in 2008.what is different about the two periods.
What is the equilibrium price and quantity. Illustrate what will sales be if the price is dropped to $20.
The government of a large United State city recently established a living wage law that starting January 1 of next year, will require all businesses operating within city limits to pay their workers a wage no lower than $8.50 per hour.
Explain why is it important for a country to calculate their GDP and release this information to the public.
In the model of a dominant firm, assume that the fringe supply curve is given by Q = -1 +0.2P, where P is market price and Q is output. Demand is given by Q = 11-P. What will price and output be if there is no dominant firm Now assume that there is..
Calculate the providers equilibrium wage and how many nursing units it will hire. The provider is a monopsonist,
What are strengthen or weaken the argument that monetary policy should be the primary tool for smoothing the business cycle.
Unfortunately, company headquarters (where all of the firm's records are kept) has been destroyed by fire. So, your first job will be to recreate the firm's cash flow statement for the year just ended. The firm had $100,000 in the bank at the end ..
Estimate the regression coefficients using ordinary least squares and interpret them and predict the weekly sales for a store with 10 feet of shelf space situated at the back of the aisle
Abby consumes only apples. In year 1, red apples cost $1 each, green apples cost $2 each, and Abby buys only 10 red apples. In year 2, red apples cost $2, green apple costs $1, and Abby buys only 10 green apples.
Associate a current event article which relates to government regulations or antitrust activities.
What is the profit-maximizing price for this firm? On the graph show the area, which area represents the net loss to society resulting from the monopoly power conferred by the patent?
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