50 minutes video. Needs to write what the professor is saying. simple and easy.
50 minutes video. Needs to write what the professor is saying. simple and easy.
50 minutes video. Needs to write what the professor is saying. simple and easy.
Sally sharpens knives in her spare time for extra income. Buyers of her service are willing to pay $2.50 per knife for as many knives as Sally is willing to sharpen. On a particular day, she is willing to sharpen the first knife for $1.75, the second knife for $2.25, the third knife for $2.75, and the fourth knife for $3.25. Assume Sally is rational […]
How to answer this question?
Hello, could an expert provide help with this macroeconomics question? Handwritten workings are fine with me! Thank you! Question 3 (20 points)In the Keynesian sticky (nominal) wage model, suppose that the economy in time period1 is initially as described in Figure 2: the real output is Yi, the real rate of interest is F1,the price level is Pi, and the fixed nominal wage in time […]
The domestic demand for almonds is QD = 20,000,000 − 500,000p. The domestic supply is QS = −2,000,000 + 600,000p, where quantity is in crates per year and p = price per crate. The world price is $15 per crate. 4.1 Suppose that the country initially has no restrictions on trade and then imposes an import quota of 3,000,000 crates per year. How will this […]
Yes, because when you have a large nominal income your standard of living automatically increases. No, because real income may fall if price increases are more proportionately than the increase in nominal income. No, because real income may fall if price increases are less proportionately than the increases in nominal income. Yes, because real income may fall if price increases are less proportionately than the […]
Arbitrage a.​Is the act of to buying low in one market and selling high in another market b.​Can force a seller to go back to uniform pricing c.​Can offset the benefits of direct price discrimination d.​All of the above
I want to know how these questions should be answered. Please help me explain these questions. thank you so much 10 . Define net exports . Explain how U.S . exports andimports each affect domestic production . How are neexports determined ? Explain how net exports might be anegative amount .11 . Contrast the ideas of nominal GDP and real GDP . Why isone more […]
the demand for tylenol, a chemical sold in a perfectly competitive market, is given by Q = 200 – 2P, where the quantity is measured in pounds. the private marginal cost is MC = 20 + 0.75Q, but producing this chemical also leads to an external marginal damage of MD = 5 + 0.25Q. What is the equilibrium price and quantity of this good if […]
Minimum of 100 words with references. Supply and demand is the foundation of the market economy and the basis of the study of economics. a.Why supply and demand is considered as factors that make market economies work? Why supply and demand drives the market economy? Provide an example of the role of supply and demand in business decision making. b.What is the difference between a […]
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