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At point A in the following graph, is planned aggregate expenditure greater than, equal to, or less than GDP? What about at point B? At point C? For points A and C, indicate the vertical distance that measures the unintended change in inventories.
Explain why the marginal rate of technical substitution is likely to diminish as more and more labor is substituted for capital.
What is the free trade level of rice consumption in Japan, how much rice do domestic farmers produce in Japan
Consider a pension fund manager for Time Warner, that must sell some Time Warner stock in three months to meet raise cash to meet pension obligations.
Explain in one or two paragraphs why innovation is at the heart of creating and sustaining competitive advantage for firms. You need to mention the interrelationships between innovation, productivity, competitive advantage and value-creation.
Calculate the quota's redistributive effect, consumption effect, protective effect, and revenue effect and what is the overall welfare loss to Venezuela as a result of the quota?
Show as a corrective subsidy college students will increase the market price of education. Show the possible net gain in welfare from the subsidy and the amount of income tax required to finance their costs on a graph.
it is estimated that the annual heat loss in a small factory is 12000. proposal 1 will reduce the heat loss by 68 and
What is the criterion for Pareto efficient production? What does that correspond to in the figure and What is the "production contract curve"? Draw an approximate production contract curve in the graph.
Levi Strauss successfully markets Levi jeans on the History channel as a way for older men to stay young forever. What will happen in the jeans market ceteris paribus?
Kenya is divided into___________ counties. Which province has many counties in Kenya.
how have you responded to increases in the price of gasoline over the past few years? how would you respond if the
Hot chocolate is made from chocolate syrup and milk. Using a separate supply and demand graph for each question, please show the effects of the following events on the market for hot chocolate
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