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Suppose you consume two goods, X and Y, Suppose also: - Y is a normal good. - When the price of X goes up, you increase your consumption of Y. Illustrate the income and substitution effects on your consumption of Y. Which effect is bigger? Justify your answer.
Describe the issues, challenges, or disadvantages to forming the strategic alliance (focus on supply chain). Provide an example that is not included in attached reference.
write a grant proposal aimed at receiving funding for a programme that you expect to run in anarea village of a
one of the most important skills to learn in managerial economics is the ability to identify a good business.1- discuss
Explain the difference between absolute advantage and comparative advantage. Which is more important in determining trade patterns, absolute advantage or comparative advantage? Why?
What is the new profit maximizing output level and how many workers are hired at this level
Critics have argued that if there are strong factor substitution effects, these subsidies could reduce employment in the state. Explain their argument. How does this affect the labor market
Determine the maximum number of lbs. of butter the economy can produce and
identify economic factors that affect the real gdp the unemployment rate the inflation rate and a key interest rate.
fiscal policy refers to the changes in governments choices regarding the overall level of government spending and
china has a total of 4.9 trillion gdp in 2009. if current trends continue china may be the worlds largest economy by
Write the equation for the total demand for emissions across both sectors. Does one sector have uniformly lower marginal abatement costs than the other? What is the total amount of emissions in the absence of regulation?
Discuss the characteristics of Great Britain's economic relationship with India in the 17th and 18th centuries? How would you describe their success in their competition with Dutch?
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