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the manufacturer of perfume enters into agreement with several distributor about the price at which the distributors can resell the perfume. The manufacturers who do not agree to the pricing suggestion are not able to sell the perfume.what is The agreement between manufacturers and distributors.
Illustrate what is the point price elasticity of supply at the equilibrium quantity. Illustrate what is the new equilibrium quantity also price if every capita income increases to 20.
Explain how many units of labor and how many machines would the firm use to produce 40 units in the cheapest possible way.
Assume a perfectly competitive firm's short-run cost is TC = 120 + 160Q + 3Q2. If the market price is $196, what should it do. Elucidate your answer, if continue then explain how much is to produce; state profit level in each decision it makes.
The article also notes that, as a consequence of the rent control laws, the price of owner occupied housing has increased greatly. Utilize a supply and demand model to model this phenomenon as well.
Explain how many units of pork will the government be forced to buy to keep the price at $2.25. How much will the government spend in total.
Lean Burger's drive through receives 20 customers in every ten minutes of business time.
Which of the following would occur if the federal government decided to use a budget surplus to reduce the existing debt.
Explain why do national income accountants compare the marker value of the total outputs in various years rather than actual physical volumes of production.
The Circular Flow diagram is model of how the economy works. Explain how the model would change if the following events ocurred:Households increase savings.
Should the firm increase capital and decrease labor or the other way around? When should the firm stop replacing one input for the other? Explain.
Elucidate how consumers in an economy can be better ff if the marginal rate of transformation does not equal consumer's marginal rate of consumption.
Think of any financial innovation in the past ten years
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