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One of the important points of week one is scarcity and it applies to resources. What are resources? Give some examples of the resources that you have at your disposal and how you use those resources. What makes them scarce?
The demand for health club services is Q = 350 − 2P or the marginal cost of providing these services is MC = 110 + 2Q.if a two-part tariff pricing system is used what is the optimal price or quantity combination.
Elucidate what have noticed is that there is a high demand for Louis Vuitton bags even though they are so expensive.
Corn is a key input in the poultry, dairy, hog, and cattle industry. Ellucidate effect has the sharp increase in the price of corn had on these industries.
Explain an organization's staffing practices and selection tools in response to two of following trends:
Elucidate the need for full disclosure in financial reporting. Identify possible consequences of failing to properly disclose certain items in financial statements.
Fiscal policy also decrease the dollar like monetary policy.
Production of each unit of output Q leads to a marginal external cost of $50, caused by pollutants emitted by the production of Q. If we add this marginal external cost to the market information, the equation for the social-cost supply curve is gi..
Suppose the government cuts its purchases by $120 billion. As a result, budget deficit is reduced by $40 billion, private domestic decreases by $10 billion,
Show the first and second order condition for profit maximization. Illustrate what is the price elasticity of demand faced by this monopolist.
People of different age groups and situations take advantage of part time employment opportunities provided through the fast food industry.
Suppose in the banking system as a whole, demand deposits are equal to $80,000,000 and reserves are equal to $17,000,000 with a legal reserve ratio of 10%. If the Fed doubles the required ratio, by how much will the money-creating potential.
Discuss the three main factors that determine aggregate money demand. Illustrate, with examples, how changes in these factors alter aggregate money demand.
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