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Which of the following is true about product markets?
a. Factors (land, labor, capital, and entrepreneurial ability) flow from firms to households.
b. Goods and services flow from households to firms.
c. Goods and services flow from firms to households.
d.Factors (land, labor, capital, and entrepreneurial ability) flow from households to firms.
Suppose that you desire to get a lump sum payment of 100,000 two years from now. Rounded to full dollars, how many current dollars will you have to invest today at a 10 percent interest to accomplish your goal?
draw the indifference curve for someone deciding how to allocate time between work and leisure. suppose the wage increases. is it possible that the person's consumption would fall? is this plausible?
A monopolist face a market demand curve given by QD = 22 - p. What is the value of the marginal revenue of the 4th unit produced?
q1. joes search costs are 7 per search. he wants to buy a dvd player for his wife for christmas and the lowest price
Why might bad cars drive good cars out of the used-car market. Give at least two possible solutions to resolve this paradox.
In this discussion, you will compare and contrast monetary and fiscal policies. Consider two recent national crisis points: 9/11 and the banking failures of 2008. Was fiscal or monetary policy more immediately responsive to each crisis? Why? Was fisc..
The 2000s witness a dramatic increase in Financial Engineering that produced a wide range of new loans and investment products. a. What is Financial Engineering? b. Provide examples of consumer loan products and investment securities. c. How did Fina..
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A cubic total cost function is expressed as TC=a+bq+cq^2+dq^3 if a=0 b=400 c=-50 and d=5 then. What are MC (Marginal Cost) and ATC (Average Total Cost) respectively equal to? At what output levels are MC and ATC respectively minimized?
q. without trade the united states produces 45000 units of clothing and 150000 cans of soda. without trade brazil
How much Wyandotte have to decrease the price of polyol to attain a 15% increase in the quantity sold.
Suppose that the US current account deficit must be reduced. Explain in terms of CA ≈ (S – I) + (T – G) what must be done to reduce the current account deficit. Why will this be difficult? (Hint: It may be helpful to think about the household that ha..
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