01/28/23

Quantity demanded=-20P+100 Quantity Supplied=50+10P
A lump sum tax of $1 is levied on suppliers. Find new price, quantity and incidence of taxation on consumers?
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01/18/23

If the marginal cost for a company is 𝑓(𝑞) = 28.3, find ∫ 28.3 𝑑𝑞, which gives the form of the cost function.
If the marginal cost for a company is 𝑓(𝑞) = 28.3, find ∫ 28.3 𝑑𝑞, which gives the form of the cost function.
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01/14/23

Organize each of the following to express P as a function of Q
Q=20-PQ=20-5P8Q=18-2P
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01/01/23

Consider face mask is a normal good; there is an impact on this good due to the pandemic. Illustrate and explain the impact of the demand and supply of face mask with the help of a graph
Covid-19 pandemic has affected various economic sectors around the world. Consider face mask is a normal good; there is an impact on this good due to the pandemic. Illustrate and explain the impact... more
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12/22/22

Microeconomic Theory (Isoquants)
A firm uses capital (K) and Labor (L) and these are perfect substitutes. One unit of output can be produced using 1 unit of capital or 3 units of labor. What is the equation for the production... more
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12/09/22

Need Help Please To Answer These Questions
Consider a competitive industry where all firms are identical and each has the following costs. Output Total Cost Marginal Cost Average Total Cost Average Variable... more
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12/01/22

Production possibility frontier

The following table provides information about the production possibilities frontier of China. Food 0 100 200 300 400 500 Clothing 420 400 360 300 200 0 Plot and connect these points to create... more
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11/18/22

what is this i do not know were this is from and i need to

Mr. President, Mr. Speaker, Members of the Seventy-seventh Congress:I address you, the Members of the Seventy-seventh Congress, at a moment unprecedented in the history of the Union. I use the word... more
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11/03/22

Economics Homework Help
A) A firm in a competitive market receives $10,000 in total revenue and has marginal revenue of $20. What is the average revenue?B) Using the same information from the preceding question, what is... more
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11/03/22

Economics Homework Help
Imagine that you own a small chain of pizza parlors. You’re analyzing sales and costs for one type of pizza: a 16-inch pizza that has always sold well. Sales have increased in the past when you’ve... more
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11/03/22

Economics Homework Help
Babsie signed a two-year lease on a building in which she plans to open a daycare center. She has no choice about how much money she spends on rent for the next two years, because she is already... more
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11/03/22

Economics Homework Help
Babsie loves to shop at Costco. After Babsie purchased her usual hot dog and coke, she decided to go shopping. Babsie likes the idea that the more peanut butter she buys, the more she saves. This... more
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10/30/22

Linear cost function
The Yumyum Dog Biscuit Company makes dog biscuits and sells them for $8 per box. The fixed costs are $3000 and the cost to produce each box is $6 Determine: a) the linear cost function
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10/07/22

Derive the Marshallian demand functions
b) Assume that the preferences can be represented by the utility function u = x1x2 and the budget constraint is given as p1x1 + p2x2 = m. Derive the Marshallian demand functions for x1 and x2.And... more
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09/22/22

Supply and demand question
Sencerio: When the cost of steel rises, ___the supply will increase and the supply shift will increase?________I am confused how this is the correct answer because when prices get more expensive,... more
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09/16/22

what is considered a planned approach vs market approach?

divide the donations evenly among the three sheltersoffer each shelter a virtual budget and have them bid on different itemssend all the donations to the shelter that has the leastask shelters to... more
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09/06/22

How is the marginal rate of technical substitution calculated in formula?
The fundamentals of microeconomics is not as simple as it seems to be. Microeconomics is a challenging subject that calls for a wide range of abilities. I as a student encounter practical... more
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08/05/22

MACROECONOMICS QUESTION

Suppose a borrower signs a contract to borrow $100 from a lender and pay back $120 in one year. When this contract is signed, the inflation rate is 10%. After it is signed, there is an unexpected... more
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07/19/22

Is Canada Diverse
Look at Canada on whether or not it is a diverse country, Why or why not?
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06/15/22

Why does positive NCO increase demand for loanable funds?
please help me asap!
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06/12/22

What are the importance of public goods to instill the sense of responsibility and belongingness.
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06/08/22

Can you help me answer this prompt question?
Prompt #2 - Demand and Supply of Marijuanaï»żConsider government policy regarding marijuana. After being an illegal substance for a long while, many states (including California) relaxed restrictions... more
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04/30/22

How the money multiplier changes the M1 and M2
Hello,I would like to know if my answer to the question below is correct:Question: How much does M1 and M2 change in the following situations?$500 is transferred from a checking to a savings... more
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04/28/22

Calculate the nominal rate of inflation

Calculate the nominal rate of inflation that will be charged if the expected rate of inflation is 7%, percent and the real return desired is 5%, percent. Show all work.
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04/28/22

Tywin knows he has a debt to repay soon.

The bank charges him an interest rate of 6%, percent. If the expected rate of inflation is 5%, percent, how much interest is he effectively paying? Explain.
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