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Why does the government sanction this form of contract- recognition of the institution of marriage? How does the issue of the gender of each participant in a given marriage fit into the discussion?
Illustrate what is the effect on the supply and demand of skateboards. Every events described below will have some impact on the demand for skateboards.
Two goals of monetary strategy in the United States are price stability and full employment. Explain with the help of the appropriate graphs.
How does monetary and fiscal policy affect the economy overall? When implementing these policies, do you think the federal government has more influence on the country's economy than it should have?
Illustrate what technology is used to catch them. What's wrong with America's economy, and is America's economic problem short term or long term.
Consider the market for apples. The market demand is given by Qd=140-0.2P and the market supply is Qs=0.2P-20, where Qd is the quantity of apples demanded and Qs is the quantity supplied. P is the price of apples.
Why is the equality of marginal revenue and marginal cost essential for profit maximization in all market structures? Explain your reasoning.
What if both are negatively sloped? Provide the intuition behind your answer. Find the analytical and qualitative solution -
a) Assume that in 2010 M=$15,000 and Pr=$20. Solve algebraically to determine the 2010 equilibrium price and quantity of widgets b) Now assume two events occur: income drops to $13,000 and supply conditions change such that Qs=50 + 3P. Solve algebr..
Dinkel Manufacturing Company accumulates the following information relative to jobs started and finished during the month of June 2008.
If a monopolist sells 4 units of output for $10 each and 5 units of output for $7 each,what is the marginal revenue associated with the 11th unit?
If the cost of a substitute product increases, which of the following is most likely to happen in the market for the product under consideration in the short run.
supply qs600100pdemand qd1200-200pwhere qs is the supply of packs of cigarattes and qd is the demand for packs of
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