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If the price of processor chips used in manufacturing personal computers decrease, what will happen in the market for personal computers? How will the equilibrium price and equilibrium quantity of personal computers change?
Elucidate which following is true in market of a monopoly
Assume the economy starts out at point A. After that, the public anticipates that the Fed will use expansionary monetary strategy to shift the AD curve from AD1 to AD2.
Calculate the cross-price elasticity of demand. Given the elasticity you calculated, did it make sense for supermarket to raise its price.
If the economy is competitive so that factors of production are paid the value of their subsidiary products, what is the share of total income that will go to land.
Monumental architecture is unique to individual cities, illustrate what does the structure imply about the socio- economic also political organization which created it.
GDP also consumption both rose by $8 billion in the second round, Illustrate what would have been the size of the multiplier.
Illustrate what would have been the welfare implications of a ban on oil imports.
Illustrate what additional effects follow this initial effect. Illustrate what is total effect of tax cut on aggregate demand.
The remaining ten men are also farmers but they produce coconuts without shovels. Each such farmer can produce 50 coconuts per year.
Any goods from all should be of higher demand than supply; the other good should show higher supply than demand.
The Faculty of Economics and Administrative Sciences is considering to throw a party to its students. The marginal benefits to the students are given by MB=1200-Q2.
Elucidate how many of the variable input should the firm utilize to maximize profits? Please verify. Note which in order to do this you want to utilize costs.
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