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what is the major problem in achieving an efficient use of the worlds water? if there were a global market in water, like there is in oil, how do u think the market would work? would a free world market in water achieve an efficient use of the worlds water resources? say y or y not?
Illustrate the point price, income, also cross elasticities at the present values. Interpret your answers, saying how much a 1% change in each variable impacts demand.
How many "spells" of unemployment occur each year in this economy? What percentage of the "spells" are only one month long?
As part of its defense, the firm has argued that the geographic antitrust market includes a larger neighbouring city with multiple firms. The defense offers two pieces of evidence in support of its larger geographic market.
sam musso is planning to retire in 20 years. he can deposit money at 8% compounded quarterly. what deposit must he make at the end of each quarter until he retires so that he can make a withdrawal of $45,000 semiannually over five years after his ..
Which of the following statements regarding price level or inflation is correct A) Supply and demand can not explain why a particular good or service becomes more expensive relative to other goods and services. B) Inflation affects only the more ad..
I am borrowing $255,920.00 which is the total amount of the home ($319,900.00) minus $63,980.00. i am trying to figure out what my monthly payment on the loan which willneed to be paid back in 25 years at 6.5%.
Compare the automotive manufacturing industry today to the automotive manufacturing industry of the 1950's. Applying the economics of price and output, what is the difference between the industry of today and that of the 1950's.
Explore how a firm determines the optimal scale of a plant for a given rate of output and why this determination relates to longer run strategies versus current operations. Also, discuss the differences between economies of scale and economies of ..
In the short-run, machinery is fixed also labor is variable for a business that uses only these two inputs. If, at the current level of output, marginal product of labor is declining
Asssume that a monopolist must choose between two points in its demand curve: it can sell 100 units for $3 or it can sell 140 for $2. Which of the following is true.
Assume you receive a 4% increase in your nominal wage. Over the year, inflation runs about 7 percent. Which of the following statements is TRUE?
Do you think lotteries have both micro and macro economic effects or only micro. how do lotteries change what and for whom goods and services are produced.
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