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Q1. He decides to rent a telescope for $50.00 a week also charge his friends also classmates to utilize it to peep at the game for 30 seconds. He can act as a single-price monopolist for renting out "peeps." For each person who takes a 30-second peep, it costs Jimmy $0.20 to clean the eyepiece. The accompanying table Elucidate how the information Jimmy has collected about the demand for the service in a given week.

Q2. The money market also the bond market is closely intertwined. Elucidate what will happen to the price of bonds also to money holding if the Fed changes the interest rate as a result of a decrease in the money supply

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M9165695

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