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Q. It is not uncommon to find that prescription drugs sell for more in United States than y do in or countries. Which of following statements is true of a monopoly firm? Drug companies are engaging in price discrimination, but this might improve global social welfare if it gives more people access to drugs. Which of following statements about this issue is most likely to be true?
What happens to the profits of boat makers in the short run. What happens to the number of boat makers in the long run.
elucidate the effects of such expectations on the following variables today: output (Y), nominal interest rate (i), exchange rate (E), investment (I) and trade balance
Doing the work on paper and then writing the answers in Excel does not count as work and will earn zero points for this part of the assignment.
If supply at every price is reduced by five gallons, what will the new equilibrium price be.
Elucidate how a recessionary output gap would emerge in an economy where long-run aggregate supply curve is persistently shifting to right.
For each scenario, calculate equilibrium price and quantity, total consumer surplus and total producer surplus.
If the number of suppliers in the micro calculator industry increases, illustrate what would we expect to happen.
Elucidate the rationale and the implications of the new guidelines which used by the Department of Justice also the Federal Trade Commission for evaluating proposed mergers.
That of the following would mostly likely cause the Demand for miller beer to reduce.
Changes in disposable income affect government purchases and the government purchase function. How do changes in net taxes affect the consumption function.
Illustrate what will be the total consumer surplus to those consumers.
You find out which your aunt works for a defense manufacturing company which has several defense contracts with the government.
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