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1. Do Monopolistically competitive firms generate a long-run profit?
2. Why is a monopolistic competition said to be inefficient?
Iggy only consumes two goods: coffee and cigarettes. Three cigarettes can be traded for one cup of coffee in a free market, or one cup coffee can be traded for three cigarettes. Find an equation that gives every bundle of cigarettes and coffee that I..
If the loan interest rate is 15% (APR) compounded monthly, $150,000 is borrowed and repaid in 36 equal monthly payments. How much of the 30th payment would be interest?
Trailer Company has asked its financial planning committee to analyze short- and longer-run pricing and production levels for the new hawk II trailer. What short-run price and output combination would be recommended if the committee decided that Skyh..
Environmentally appropriate production technologies also precuts with eco friendly packaging also recyclable materials.
if the required reserve ratio is 10 percent, what is the monentary multiplier? if the monetary multiplier is 4, what is the required reserve ratio?
The minimum wage in year 1 is $1 higher than the equilibrium wage. In year 2, the minimum wage is increased so that it is $2 above the equilibrium wage. We observe that the same number of people is working at the minimum wage in year 2 as in year ..
compute the test statistic. at 95% confidence test to determine if the is a significant difference in the means of the 3 populations.
Assessing the development of the discipline from today's perspective, how would Keynes's impact compare with that of your candidate.
Suppose people freely choose to spend 40 percent of their income on health care, but the government decides to tax 40 percent of a person's income to provide the same level of coverage as before. What can be said about deadweight loss in each case?
The difference between total costs and variable costs is:
Which of following is equivalent to marginal propensity to consume. If incomes increased by $20,000, government purchases are fixed at $10,000, investment spending is fixed.
q.describe the following terms in your word.bull gross domestic product gdp bull real gdp bull nominal gdpbull
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