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Why is GDP important? List and explain the four spending components (C, G, I, X) of Gross Domestic Product. What are some factors that impact each spending component?
How many units should each plant produce to maximize profit at that price and a perfect competitive firm faces a market price of $10 for its output X
A bank announces that it has changed its interest computation method to continuous compounding. Now $2000 left in the bank for 9 years will double to $4000.
Assume there're three firms with the same individual demand function. This function is Q=1,000-40P. Assume each firm had the diffeerent cost function these functions are: Firm 1: 4,000+ 5Q
What was Morita drawing and what did he know about costing that the chain store representative was overlooking? Be sure to describe or chart the shape of Morita's costing sketch in your answer.
Do you agree that the only way to raise equilibrium quantity is to raise supply and demand together? Why agree or why not agree?
What components of GDP (if any) would each of the following transactions affect. Explain. A family buys a new refrigerator, You buy a pizza, California repaves Highway 101, Your parents buy a bottle of French wine.
(A)If the production function is AK and the savings rate is the constant rate "S", and the rates of depreciation and population growth are d and n respectively, what would the growth rate of the economy be
bayer schering pharma ag germany owns the alka-seltzer which was launched in 1931 and was meant for relief of minor
identify and research three of your employers of choice and visit their websites. creates a list of five criteria that
A firm uses two plants (A and B) to produce the product. The plant's marginal cost functions are given by the following equations:
Hypothesize the basic short-run and long-run behaviors of the model in the industry you have chosen in a market economy. and analyze at least three (3) possible areas for the industry that could lead to transaction costs, and explain each in detail.
The US goverment offers significant per-unit subsiy payments to US sugar growers. Describe the effects of the introduction of such subsidies on the market of sugar and the market of artificial sweeteners.
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