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Using demand and supply analyst briefly discuss the effect of each of the following on the market for cigarettes: a cure for lung cancer is found b). The price of cigars increases. c.) Wages increase substantially in states that grow tobacco. d.) A fertilizer that increases the yield per acre of tobacco is discovered.
The natural rate of unemployment is
If the inflation free rate is an annual 13% and inflation is an annual 4%, what is the annual market interest rate? If you anticipate an annual inflation rate of 4.0% in the current economy and can make an investment that is expected to appreciate at..
Explain why does price equal marginal revenue for the purely competitive firm. what is the relationship to the demand curve for the firm.
You find yourself in a lonely oasis in the desert. The only two things you can produce are either dates or water. In a day you can either gather 100 dates or collect 50 liters of water. And you choose to spend 4 days a week gathering dates and 3 days..
q.a. for jalapeno peppers draw a graph of market. be sure to label everything.b. draw a new graph that shows what
If consumption and government purchases go up, what happens to GDP in the long run. Show this graphically.
MMM expects to generate $60,000 in earnings that will be retained for reinvestment in the firm this year.
Describe a situation in which there is an economic argument for regulation the quantity of pollution reduction in order to achieve reduced pollution levels rather than using a tax.
why or why not bert is in a set salary he drinks 4 bottles of tea and 10 slice of bread.the price of tea is $10 and $4 per slice of bread.the last bottle of tea added 50 units to berts utility and the last slice of bread added 40 units.is bert ma..
q1. estimate the malthusian population momentum treatise to the current 3rd world population growth crisisq2. home is a
Assume that if the labor market is unregulated, the equilibrium wage for workers who do not have high school education is $5.00 an hour. Assume that the government imposes a minimum wage of $6.00 an hour. Draw a supply-demand diagram that shows what ..
what should you do when the manager of a perfectly competitive firm whose short run cost is TC = 100 + 160Q + 3Q2. If the market price is $196.
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