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What allows companies to distribute the same prescirption drugfor two different prices? Why dont competitiors undercut theirprice in the Western countries (i.e. United States)?
How might budget deficits affect long-term economic growth?
What phase of business cycle is the US currently in? Explain in detail. Determine the latest GDP of the United State? How has the GDP changed since the 2007?
Elucidate the economic cost of most international trade less than the economic benefit of that trade for both the companies and countries.
The economy of the country of Upland is still recovering from a severe recession and still has an unemployment rate close to 9%. Assume that the government's only concern is to achieve full employment. 1. What type of fiscal policy would you rec..
Describe by what percentage would a 10% rise in the price reduce the quantity demanded, assuming price elasticity remains constant along the demand curve.
Suppose that new entry decreased your demand elasticity from -2 to -3 (made demand more elastic). By how much should you adjuct your price of $10?
Two firms compete in a market to sell a homogeneous product with inverse demand function P=600-3Q. Each firm produces at a constant marginal cost of 300 and has no fixed costs. Use this information to compare th output levels and profits in settin..
Illustrtae what does the agent choose if the terms are worse than actuarially fair.
what are the highest and lowest payments from the writer that the beekeeper- farmer team will accept for the sixth day Assuming that the farmer can dispose of $7 from the writer as she wishes, what range of payments will the beekeeper accept
Suppose that the car manufacturer allows the car dealer to return all unsold cars at the end of a recessionary year. What is the car dealer's profit in a growth year and in a recession? What is their expected profit?
Write down the relationship between savings, capital formation, and consumption.
Taxicab fares in most cities are regulated. Several years ago taxicab drivers in Boston obtained permission to raise their fares 10 percent, and they anticipated that revenues would increase by about 10 percent as a result.
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