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Q. When personal computers were first introduced in 1980s, their price exceeded $5,000. Since n, price has decreased dramatically. Use supply and demand analysis to explain price reduction of computers. What effect did price reduction have on quantity of computers demanded?
During the average month in 2006 she was logged onto the Web for 17 hours. Illustrate what is the average cost of an hour of Web time to Kety. What is the marginal cost of an additional hour.
Suppose population growth rate is 0.03, inome elastiity of demand for consumption is 0.75 and inome growth rate of 0.05. what would be the growth rate of agriultural production for balaned growth of the economy.
Illustrate what would happen to the profit maximizing level of output if the market price suddenly rose to $54 per case. Explain why the output level changes.
which her costs are measured is time. Illustrate what is the total cost to hildegard of finding a new plot of grass and getting y units of grass from it.
Borrow from the nation with the lower nominal interest rate, invest in the nation with the higher nominal interest rate and profit from the interest-rate differential.
Using short-run cost theory, explain the impact of this additional patient on the SAVC and SATC. Do they increase or decrease.
Illustrate that there are any extra costs or benefits due to this shift.
illustrate what would take place in the US marketplace for loan able funds. In particular to US interest rate, savings also investment.
Illustrate what variables or than cost appears or have biggest impact on demand for McDonald's products. How much influence does company have over se variables.
Discuss the policies that Keynes as well as Hayek supported regarding how federal government ought to manage economy. What are differences between each school of thought.
Illustrate what might you consider to be your "fixed factor". Illustrate what alternative decisions might you be able to make in long run.
Explain how many hours of leisure does she consume. How many dollars of consumption does she consume.
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