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Identify an instance where a price control is used in our markets. Why do you think this price control exists? Also discuss the possible negative effects it may have on the market
The firm output sells competitively explain how many tons of output will be produced.
they have the same demand curve for computer services. Use a graph to illustrate the overall value of computing services to the consumer. What does this imply about the profit maximizing price HAL can charge for the computer hardware.
Flora's Flowers operates in a perfectly competitive market. At the point where marginal cost equals marginal revenue.
Senior citizens and students have a relatively less elastic demand compared to other potential moviegoers. The government requires lower prices for senior citizens and students. Senior citizens and students have a relatively more elastic ..
What is probability that these 64 students will spend a combined total between $703.59 and $728.45.
Explain what would the cross-wage elasticity between teenagers and adults have a positive or negative sign.
q.what are your predictions for the economy of thrifty peg based on the following policy scenario1. suppose the
For what proportion of these corporations the rate of return negative? For what proportion of these corporation was the rate of return between 5% and 15%?
The unemployment rate in an economy is 6%. The total population of the economy is 290 million, and the size of the civilian labor force in 150 million. Illustrate the number of unemployed workers in this economy.
Is there a surplus or deficit in the government budget at the equilibrium level of income.
explain how much of the current unemployment can be attributed to cyclical factors.
q.a new water pump has been purchased for 1400 that is expected to require 600 per year in annual operating costs plus
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