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Question: What are the production costs of your economics class? What are the fixed costs? The variable costs? What's the marginal cost of enrolling more students?
A. Explain why the consequences of unanticipated inflation are worse than anticipated inflation B. Discuss the consequences of deflation on the economy. Do deflation can be good, yes no, explain why
You've been asked to apply your decision-making skills and analysis to the merchandising of JMI's travel product stores. Much of the floor display space is taken up by innovations department. Describe the type of accounting quantitative data you wi..
Which of the following conditions would indicate that a perfectly competitive firm should expand its output to increase its profit?
What happens with supply and demand when? Equilibrium price decreases and equilibrium quantity increases/ Equilibrium price decreases and equilibrium quantity decreases?
Who has the absolute advantage at cloth production? Explain - who has the absolute advantage at bread production? Explain. dl Whom has the comnarative advantage at cloth production? Explain.
Explain what happens to price and quantity of milk when the following events occur (you do not need to analyze the event itself but rather determine the effect of the event on supply and demand of milk):
Why might the Fed find it significantly easier to expand the money stock in a period of prosperity than in a period of recession? What must the Fed be able to do if it wants the quantity of money in the hands of the public to increase?
Health care equipment
Consider an intertemporal utility maximizer with decreasing marginal utility. Suppose also that her preferences dictate that she maximizes at the consumption point of no borrowing or lending. She is neither a borrower, nor a lender. Explain whether t..
Suppose that the demand for plastic surgery is price inelastic. Are the following statements true or false? Describe your answer for full credit. When the price of plastic surgery increases, the number of operations decreases
If the company gets 950,000 customers in year 1 and grows its customer base by 20% per year, what is the present worth of the subscription income through year 5 if income averages $600 per customer per year and the company uses a MARR of 10% per y..
1.describe developing countries and how they differ from industrial market economies. how can international trade aid
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