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If countries can benefit by increasing their consumption possibilities through trade, why do so many countries place restrictions on trade?
Discuss some of the decisions that you must make in the short run and what might you consider to be your "fixed factor"
On your graph, label production and consumption of cars and sugar in Home. H. Is trade beneficial to Home and Foreign.
A proposal has been made to increase the price paid by the consumers to the suppliers to $40. What will the resulting quantities demanded and supplied and the resulting utilization be?
The Environment Ministry in Japan proposed new carbon tax in order to meet Japan obligations to decrease carbon dioxide emissions under Kyoto Treaty.
Compute the resulting utility if the population were on million higher and one million lower than the optimum.
One day you realize you're tired of smelling like refried beans all the time and begin thinking about starting your own business. After doing some investigation you decide to spend 15 hours per week running a photocopy service in your dorm.
Calculate the elasticity for each variable. On this basis, discuss the relative impact that each variable has on the demand. Illustrate what implications do these results have for the firm's marketing and pricing policies.
Delineate which marketplace participants you believe benefited from the final court decision also whose interests were harmed.
Illustrate what is the present worth of the planned expenditures at an interst rate of 10% per year.
If the marginal revenue from a product is $15 and the price elasticity of demand is ? what is the price of the product?
Assume you just finished your third plateful of Thanks giving dinner also it yielded zero units of additional satisfaction.
What is the discrepancy between net benefits and the benefits cost ratio? That is, typically why is the maximization of net benefits the same as the maximization of the benefits cost ratio?
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