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Use the distinction between the charasteristics of private and public goods to determine whether the following should be produced through the market system or provided by the government, explain your answer
1. french fries
2. airport screening
3. court systems
4. mail delivery
5. medical care
Use the following data on a firm's total cost schedules to calculate its average variable cost, average fixed cost, average total cost, and marginal cost schedules. Output Total
Give example of commercial banks how they create money For example, the borrower uses the money to buy an apartment, the funds are transferred to the seller of the apartment. T
Q. State the Marginal Productivity Theory. What are its features and assumption? Marginal Productivity Theory of distribution states that in a capitalist economy the demand for
The original data values cannot be determined once they are grouped into a frequency distribution channel?
types of production function models
In reference to the above question, assume you know the combination of inputs that minimizes cost. What would happen to this input combination if the price of labor increased? What
The number of gallons of paint that Home Depot sells in a given day is normally distributed with a mean of 150 gallons and a standard deviation of 35 gallons (I realize that the di
Explain, using the best framework you can think of (based on our class discussion), the effect of a large federal deficit on interest rates.
Who sets the prices in the market and what is the nature of competition? Is it buyer versus sellers or buyer versus buyers? What happens if the price is too high or too low? Is the
what is analitical approch to macroeconomics
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