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Consider an economy with three productive sectors: mining and farming; manufactur- ing; and retailing. Manufacturers produce goods each year with a sale value of 500. They sell 400 to retailers and 100 direct to the private sector and to government for consumption. Re- tailers buy goods for 400 from manufacturers and buy 50 from the agricultural sector. Retail- ers sell goods for consumption for 500. Manufacturers buy goods worth 200 from mining and agricultural ?rms. Farmers also sell 100 direct to the private sector for consumption. Mining companies sell nothing directly to government or households for consumption.
What is value added in each sector and what is total output for the economy?
What is the total fixed cost for the El Dorado Star? If the total fixed cost increases to $5,000, how many papers should be sold daily for profit maximization?
Peoples decision to hold money based on the comparison of the relative returns of money and nonmoney assets is known as
Economic fluctuations are fluctuations in the level of economic activity, relative to a long-term growth trend.
A tax on cigarette production….
What are the ethical considerations in not submitting what the actual results show?
wyandotte chemical company sells various chemicals to the automobile industry. wyandotte currently sells 30000 gallons
Take some time to think about the ways in which your learning in this class relates to the real world. Has the knowledge you gained been valuable in helping you understand or evaluate events or policies? Are there any current events in the news that ..
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some games of strategy are cooperative. one example is deciding which side of the road to drive on. it doesnt matter
kinesiology
What is Hardin's solution to the Tragedy of the Commons - What would need to be done, according to Hardin, Elliot, and Jared Diamond, to prevent a tragedy in these 2 commons.
TECHNICAL PROBLEMS
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