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What are the causes of inflation?
Define inflation as a steady enhance in the general price level. Then, there are, well, two and a half basic reasons:
1) Demand-pull inflation;
2) Cost-push inflation and;
3) Demand-pull inflation caused by excess money supply.
How would you construct an estimate of marginal cost, & ?C(w, y) , in each period? ?Y
a reduction in investment spending would lead to
Explain consumer sovereignty and why it might not be that extensive in real life. Explanation of consumer sovereignty Use of S/D model to show how changes in consumption pat
Which drug is likely to be the most profitable for its producer (in terms of average “per-drug” profit)?
Steel and aluminum production Steel Canada 500, France 1200 Aluminum Canada 1500, France 800 The maximum amount of steel or aluminum that Canada and France can produce if they full
If the average variable cost curve is horizontal, what is the shape of the short-run marginal cost curve? What shape would the short-run average cost curve be?
Production Function Models
do you give solutions
1) The Economy cannot be considered fully employed unless the measured unemployment rate is below 1%. Agree or disagree and explain your answer in a paragraph. 2) A) Why would y
What is third degree price discrimination? Explain with case analysis,give two successful & unsuccessful cases of 3rd degree price discrimination.
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