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There is a shortage of college basketball and football tickets for some games, and a surplus occurs for other games. Why do shortages and surpluses exist for different games?
Explain the statement "People respond to incentives and disincentives" in relation to the demand curve and supply curve for good X
What is the elasticity of supply for corn?
Calculate the ex-ante and ex-post real rate of interest between June 2008 and June 2009 (note that June 2009 is the last month of the Great recession - the official recovery, began in July of 2009).
Etisalat and Du are duopolists. If they form a cartel between themselves, then what will happen to price and output in the market. Discuss your answer with a relevant diagram.
In the United States, 10% of adolescent girls have iron deficiency.23 Suppose two adolescent girls are chosen at random.
Identify the equilibrium point and price level. Illustrate how fiscal policy can close the contractionary gap.
If so, how? What reliance behavior would be considered efficient? What reliance behavior would be considered excessive?
1. based on a sample of 30 observations the population regression model yt beta0 beta1xi epsiloni was estimated.
How is the "constant-dollar" method of estimating real GDP similar to the use of "constant weights" in the computation of the price indexes? Explain.
Initally, the population of Cape Despair is constant and real GDP per hour of labor is at the subsistence level of $15. Then a technological advance shifts the production function upward by 50 percent at each level of labor.What are the initial le..
Fit the logarithmic form of your demand function for your category of expenditure for the periods 1959-1990 and 1959-1994 and perform the Chow test of predictive failure.
If farmers were charged the same price as city residents pay, how would the price of agricultural produce, the quantity of produce grown, consumer surplus, and producer surplus change?
Is Jim headed for trouble? What would be some physical, psychological, and behavioral outcomes of this type of job stress?
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