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P1=150-10q1 and P2=250-10q2. Marginal cost is constant at 10. If a monopolist can price discriminate what is the profit maximizing price for the combined markets?
Demonstrate and explain the full process illustrate what happens when the central bank increases their long run target for inflation.
Tried and True’s accountant (from Problem 1-1) suggests that monthly rent and hourly wage rate also be factored into the productivity calculations. Annandale pays the highest average wage at $6.75 an hour. Tried and True is not sure it can keep all f..
If the money supply increases, show with should happen if we assume we live in a classical world. With assumptions are you making about the quantity theory of money theory?
Explain why the demand for the good or service provided by the organization you work for is elastic or inelastic. How does this influence pricing decisions?
Explain what the tax multiplier is and why it is less than the expenditure multiplier. Explain, in your own words, how an increase in investment spending generates a multiplied effect on GDP.
how long would it take to pay back the investment for the required expansion? b. If sales are expected to increase at a rate of 15% per year, how long will it take to pay back the expansion?
Explain how many units of labour will Valentines hire. What wage per unit of labour will Valentines pay.
Suppose the economy is in a long-run equilibrium, as shown in the following graph. Now suppose that a stock market crash causes aggregate demand to fall. Use your diagram to show what happens to output and the price level in the short run.
What are the three tools involved with balance of payment details? What are some of the impact the Federal Reserve actions have? What are the types of tariffs?
Evaluate how effective the Federal Trade Commission (FTC) has been in protecting consumer privacy and targeting deceptive and unfair trade practices on the Internet. Support your opinion with specifics.
Discusss the effects to the equilibrium price level and GDP. Make sure to address consumption, disposable income, and aggregate demand in your answer.
Assume you want to test the null hypothesis that the mean value of the bill in the box is 9 against the alternative that it is less than 9.
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