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1. Suppose the demand for a product is given by QD = 2000 - 25P.
a) Calculate the Price Elasticity of Demand when the price is $30.
b) What price should the firm charge if it wants to maximize its revenue?
c) Over what price range is demand elastic?
Explain clearly the liquidity preference theory of interest propounded by j.m.keynes
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A company is researching the effectiveness of a new web site design to decrease the time to access a website. Five web site users were randomly selected and their times (in seconds
What do I calculate with quantity of each good produced, to find the Real GDP?
Assume the United States has the following consumption information: GDP = Income Consumption
Thread less is an example of a firm building on its customer base to use new products and also to participate in the design and vetting of popular designs. In the summer of 2010, D
Explain determination of national income using aggregate demand-aggregate supply and saving-investment methods for a three sector economy.
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