mauveporpoise966
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11 Jun 2021
If x and y are complements, then a decrease in the price of product y will res...
10 Jun 2021
Breakeven analysis tells the user how many units need to be sold in order for ...
10 Jun 2021
Financial management is important for financial institutions because it increa...
10 Jun 2021
Money refers to anything that is generally accepted as the payment for goods o...
8 Jun 2021
True. Since the marginal revenue in perfect competition is equal to the price,...
8 Jun 2021
The correct answer is option d. This is because when an individual's income fa...
2 Jun 2021
f) positive and decreases as the quantity of capital increases. The amount of ...
2 Jun 2021
Since the unemployment rate has risen despite the increase in the total number...
2 Jun 2021
a. the control of a key input. A natural monopoly exists because a particular ...
2 Jun 2021
There are two sides to a coin when it comes to foreign direct investment and c...
2 Jun 2021
Adapt and learn: This is a continuous process of self-development. In this pro...
2 Jun 2021
Even if sales in joint facilities are 20% lower than sales in two separate fac...
2 Jun 2021
Hiring companies cannot influence the resource price. Because the monopolistic...
2 Jun 2021
It is the foundation of classical economists. It has been published in 1776.
2 Jun 2021
c. aggregate demand will increase. Since aggregate demand consists of consumpt...
2 Jun 2021
Since a flat tax would have to be levied at about 25% without any exemptions, ...
2 Jun 2021
a) There will be decreased supply with demand remaining constant. b) Supply an...
2 Jun 2021
Increased exports of prominent materials such as agricultural products and min...
2 Jun 2021
The downloadable products have marginal costs equal to zero. So the seller's p...
2 Jun 2021
False. The demand for botox treatment is more elastic because there are more b...
2 Jun 2021
c. the increase in wheat harvested will get smaller and smaller. If we add mor...
2 Jun 2021
c. interest Interest is the remuneration for capital.
2 Jun 2021
The policyholder should be from diverse backgrounds. It reduces the insurer's ...
2 Jun 2021
Cat food costs for Hobbit are the relative price of Hobbit for one unit of cat...
2 Jun 2021
C. Whistleblowing Whistleblowing is a policy in which someone on a particular ...
2 Jun 2021
a. Nancy and Laura are both frictionally unemployed. This is because both Nanc...
2 Jun 2021
Solution: The total number of discounted QALYs for this treatment is 1.1 Worki...
2 Jun 2021
b. internalize the external cost with a pollution tax. This tax is also called...
2 Jun 2021
A) slopes down because of the inverse relationship between price and quantity ...
2 Jun 2021
Substitutes Substitute goods are two goods that could be used for the same pur...
2 Jun 2021
C) Aggregate demand shifts outward, increasing the equilibrium level of output...
2 Jun 2021
b. how the quantity of output produced changes for each amount of input Y, hol...
2 Jun 2021
A) The money supply increases as the fed decreases the reserve requirement. Th...
2 Jun 2021
The action that helps most people is the greatest utility. So, choice A is the...
2 Jun 2021
A. Because firms in this market sell differentiated products. Since the produc...
2 Jun 2021
Other companies will automatically follow. This is because a kinked demand cur...
2 Jun 2021
3) 3% Workings: = 5% x (1-0.4) = 3%
2 Jun 2021
The nominal income is only one side of the story. What matters is what the ear...
2 Jun 2021
A company wants a competitive advantage because it gives the company an edge o...
2 Jun 2021
30 = 40 - 2Qd -10 = -2Qd Qd = 5 Consumer surplus = 1/2 x 5 x (40-30) = 25