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Most spells of unemployment are short, and most unemployment observed at any given time is long term. How can this be?
Suppose that you are the only seller of paper in the market, and you know that John already has a printer, how much will you charge him for the (100 units of) paper?
Which of following industries would you classify as an oligopoly? Which would you classify as monopolistically competitive? Explain your answer.
Explain the relationship between the Magpie and the Eagle and explain what would be the effect of a 10% increase in the income of the target market have on the demand for the Magpie
Develop a response that includes examples and evidence to support your ideas, and which clearly communicates the required message to your audience.
The firm faces a constant marginal revenue curve given by:MR = 200 and how should the firm allocate production?-How much should Factory #1 produce and how much should factory #2 produce?
Compute the Average cost, Marginal cost, Average Variable Cost and the output level at which Average Variable Cost is at a minimum.
what would this price be in order to eliminate the deadweight loss. Show and explain. Why would the monopoly not charge this price? Show and explain.
Briefly Explain how the Gross Domestic Product (GDP) affected the recession in the United States throughout the late President Bush and early President Obama years.
Assume a manager of a profitable department store you're confronted with the pricing problem. You've two types of customers
Comparative statics examine in economics is best illustrated as comparison of equilibrium points before and after changes in market have occurred.
How will you rank the countries for the investment decision based on the macroeconomic data, Justify. Present the scorecard you used in your analysis.
Show that the optimal amount of the public good isthe same in every Pare to efficient allocation. What is this amount? Will the optimalamount of the public good change if the initial wealths of the two individuals change?
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