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Question: What are the production costs of a face-to-face economics class? What are the fixed costs? The variable costs? What is the marginal cost of enrolling more students? What is the marginal revenue? What does that say about classroom size (number of students?)
Business investment or government spending to cause GDP to reach a certain level then the amount of change in the several expenditure types needs to be the full amount of the GDP gap.
using the concept of marginal analysis mc vs. mb analyze a particular government program and determine if you find its
Visit the Fed's Summary of Commentary on Current Economic Conditions, also known as the Beige Book. Prepare a proposal recommending monetary policy actions.
In Munich, a bratwurst costs 5 euros; a hot dog costs $4 at Boston's Fenway Park. The euro/dollar exchange rate is $1.05/per euro (1 euro = $1.05 US).
We draw any general conclusions about the relationship between market concentration on the one hand and price, profit, or total welfare on the other?
Can expansionary monetary policy reduce interest rates and stimulate a higher growth rate of real output in the long run? Explain.
Although Ken Brown (discussed in problem 3-16) is the principal owner of Brown Oil, his brother Bob is credited with making the company a financial success. Bob is vice president of finance.
What are the gains and losses of international trade? What happens when tariffs are imposed, in terms of the importing and exporting countries
Does lower index imply less openness to trade? What explains the difference in the relative importance of trade in two groups of countries in question 1 and 2?
Suppose that Jill spends all her allowance on only two goods whose prices are equal. To maximize utility Jill will Which of the following is true of a monopolistically competitive firm in the long-run equilibrium? Which of the following is most proba..
You own and operate a chain of restaurants throughout the Atlantic States, and you have been in this business for over 40 years. From your experience, you believe your current store size provides the lowest average total cost for business in your ..
The manager of EverClean finds two output levels that appear to be optimal. Show what these levels of output are, and explain which one is actually optimal.
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