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Demand: P=30-2Q
Supply: P=4Q
Equilibrium Price____
Equilibrium Quantity______
Own Price Elasticity of demand Equlilbrium______
Consumer surplus________
Producer surplus__________
Same market after $6 sales Tax
What is the new price that consumer see?________
What is the price that suppliers receive?__________
What is the new quantity sold/produced__________
Consumer surplus_________
Producer surplus_______
Government revenue____________
Dead weight loss after tax is imposed__________
Why and under what situation should a company continue to operate when getting negative economic profits
a company that recently spent $10,000 to develop a statistical software package.
How does the concept of prospect cost apply to production possibilities curve analysis. How do these decisions differ between capitalist also socialist systems
Illustrate what was the impact on the supply and demand of labor on one sector of the labor market. Explain the factors that affected labor demand and labor supply in the chosen historical example.
Illustrate what is the value of the equilibrium exchange rate. Assume the demand for dollars increases by 300 billion at each exchange rate.
Explain how many will be hired Daily Demand for Workers in a Purely Competitive Labor also Product Markets.
What is the function, as well as what are the main ingredients as well as connections within the policy planning network doing off describes.
A few years ago a construction manager earning $70,000 every year working for a regional home builder decided to open his own home building company.
If average worker produces $70,000 of GDP, by how much will GDP increase if re are 140 million labour force participants and unemployment rate drops from 5.2 to 4.5 percent.
Compute total revenue, total cost also profit at each quantity. Illustrate what quantity would a profit-maximizing publisher choose. Illustrate what price would it charge.
Use the orange points square symbol on the graph below to plot the short-run industry supply curve for the wheat industry.
Suppose the city eliminates its restrictions on books stores, allowing additional stores to enter the marketplace.
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