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You only buy apples and bananas. Your budget is such that you can purchase 3 apples and 4 bananas or 9 apples and 2 bananas. Write the equation for the budget line with bananas on the y-axis. Is that equation unique?
Express the retailer's monthly profit from the sale of the cameras as a function of the selling cost. Estimate the optimal selling cost.
Based on some economists' definition of the relevant market, the two firms proposing to merge enjoyed a combined market share of about two-thirds, while another firm essentially controlled the remaining share of the market.
Is it advantageous for all countries to utilize cheaper labor or does importing your goods.
Assume to fruit-picking can be done by children or adults, but to adults are twice as efficient as children
What is the social optimum? What specific tax per unit of output of gunk results in the social optimum.
Find the profit-maximizing choice of q for this miniature farm; also compute profits that will be earned at this choice of q.
Elucidate which firm's product provides the greatest value-created.
The United States is experiencing a recession and Congress decides to adopt an expansionary fiscal policy to stimulate the economy.
Has the U.S. economy experienced inflation or deflation during recent recessions.
Increase or decrease in the money supply increase the price level to the tolerable range
The two smallest banks have proposed merging. Under the standard merger guidelines of the Federal Reserve and the Justice Department.
Decide whether the Demand for paint is elastic, unitary elastic or inelastic. Elucidate your reasoning also interpret your results.
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