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What exactly is "marginal"? In Economics, there are marginal cost, marginal damage and so on. However, none of the definitions of the "marginal" part makes sense to me. Can I get a simple explanation of what "marginal" is?
Wages after inflation rise for most Americans by about 3% and for highly skilled workers by 7%. The stock market soars and home prices rise dramatically. If all other things are equal, what is the likely effect on the poverty rate
The ECON3305 company was considering a price increase and wished to determine the price elasticity of demand
define the inflation rate. b explain how the cpi differs from the ppi as a measure of the u.s. inflation rate. c why is
a new contraption to help you eat yogurt easily while driving autogurt is now on the market. it costs justin 2 in
If the power of special interest were reduced for example, through the adoption of supra-majority voting rule, would economic efficiency improve How would contributions to political campaigns be affected
What is the "current macroeconomic situation" in the U.S. as of 2013 (e.g. is the U.S. economy currently concerned about unemployment, inflation, recession, etc.) What fiscal policies and monetary policies would be appropriate at this time
discuss the impact of that ability to create money on the economy during an inflationary gap and during a recessionary
What are the two effects of every price change? Given two goods, "x" and "y", if the price of "x" increases (all else equal), what do each of the effects say will happen to the consumption of "x"? After the change, what can we say about the quantity ..
In order to derive an individual's demand curve for salmon, we would observe what happens to the utility-maximizing bundle when we changea. income and hold everything else constant. b. the price of a close substitute and hold everything else constan..
cool-aire corporation manufactures a line of room air conditioners. its break-even sales level is 33000 units. sales
a brewery is considering two potential production investmentsoption a costs an initial 2 million and will involve
Determine the fixed cost for the bakery, complete the table and plot the marginal and average cost curves and describe the relationship between the curves.
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