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What factors (determinants) will cause a change in demand and what factors (determinants) can cause a change in supply? Can you give any current examples of a determinant of demand that you see changing in any industry or marketplace or a determinant of supply that you see changing?
why is this? you would think that at lower prices a consumer would want to sell more of a product to make up in the
What are some of the natural and artificial barriers to entry into oligopolistic industries?
When obama was campaiging for president in 2008 he proposed more government spending paid for with higher taxes on the rich. What impact would those options have on the equilibrium?
a study published in 1980 b. b. gibson estimated the following price and income elasticities of demand for six types
Acres, whose grandmother gave her a family recipe for making pies, loved to cook, and she decided to staft a business she called Mrs. Acres Homemade Pies. The company produces specialty pies and sells them in local supermarl
The Multiplier in a country is equal to 5, and households pay no taxes. At the current equilibrium real GDP of $14 trillion, total real consumption spending by households is $12 trillion. What is real autonomous consumption (A) in this country
Presume a price ceiling is set below the current market price. If the goal of the price ceiling is to reduce total expenditures, it will be successful
william j. bryan is the general manager of an electrical equipment plant. he must decide whether to install a number of
a firm is considering bidding for the franchise to sell lemonade and corndogs at the illinois state fair. it estimates
compare and contrast perfect competition and monopolistic competition. your response should be 100-200 words. write a
the ampex co. manufactures plastic fixtures for residential bathrooms. currently it has an opportunity to invest
Which input bundle represents efficient production of 100 units of output if the rental paid to capital is $25 and the wage paid to labor is $50? Round any decimals to the nearest hundredth. Derive the firm's cost function using the rental an..
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