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What are the four assumptions in the production possibilities curve and how can unemployment be illustrated with that curve. You do not need to draw it, you need to explain it. Additionally, what does it mean when the curve shifts to the right?
assume you are the manager of abba cable company which provides commercial communication services to the town of canyon
What is meant by the marginal rate of substitution between present and future consumption?
given the following information for november 2010 calculate the amounts of m1 and m2 in november 2010. the amounts are
an industry is composed of 20 firms all with equal sales. the herfendahl index ratio in this industry is a.1000 b.500
prepare a one to two 1-2 paragraph journal entry that examines your learning experiences with orion in week 4 of this
consider a competitive market served by many domestic and foreign firms. the domestic demand for these firms product is
explain the concept of diminishing marginal utility. since all goods are scarce does diminishing marginal utility
It is often said that a good theory is one that can be refuted by an empirical, data-oriented study. Explain why a theory that cannot be evaluated empirically is not a good theory.
A profit-maximizing monopolist is currently producing 500 units. Its marginal cost is equal to $10, and its price is equal to $20. The monopolist should a. decrease output and increase price if marginal revenue is equal to $5 b.decrease output and ..
Suppose a special tax was introduced that used the value of one's automobile as the tax base. Each person would pay taxes equal to 10 percent of the value of his or her car. What distortions do you think would appear in the economy if such a tax w..
Assume that the unemployment profits provided through the private sector are raised permanently,
assume perfect competition. summerland is a small country that takes world price of corn as given. its domestic supply
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