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Suppose that Ellen has $I to spend on goods x and y: The price of good x is px and the price of good y is p y: Write down Ellen's budget line and draw it. Indicate the slope, as well as the vertical and the horizontal intercept.
I am also going to invest $ 100000 of my saings which were earning an average annual rate of 6 % what is my opportunity cost of opening a restaurant?
politicians are often heard saying that tuition at state universities should be kept low to make education equally
If the government imposes a tax on a competitive market with no externalities, then
In the market economy that relies on the law of supply and demand, determine which of the following does not fit with the other:
q. assume always there wireless serves 100 high-high demand as well as wireless consumers each of whose monthly demand
Assuming the most typical shapes of the demand and supply curves, which of the following could lead to an increase in the current equilibrium price for personal computers?
Derive the short run total cost, short run average cost also short run marginal cost as functions of output q.
For depreciation purposes, the purchase cost of the warehouse is divided into $100,000 in land also $400,000 in building. The building is a CCA Class 1 asset also is depreciated accordingly.
The time for a new instructor to create a Blackboard test question and check it out is 219 minutes. Determine the time in minutes or fraction thereof for him to create the 39th question if the average coefficient of learning is 0.77.
The marginal cost of production is $30. Which product should go to the retail market and which should go to the wholesale market? What are the corresponding retail and wholesale prices? What would happen if the sales are switched from the retail t..
What happens to total revenue if the price of sugar rises from $3 to $7 per kilogram.
What Price is plotted on the vertical axis, and quantity is plotted on the horizontal axis.
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