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Large rural population but rapid rural to urban migration in developing countries, what are the same and different factors?
Business Economics, Economics
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McCann Co. has identified an investment project with the following cash flows. Year Cash Flow 1 $800 2 1,090 3 1,350 4 1,475 a. If the discount rate is 7 percent, what is the present value of these cas ...
What is the theory of consumer choice and how it consumers facing trade-offs make decisions and how they respond to changes in their environment?
Suppose a researcher is interested in knowing the statistics skills of first-year graduate students 2016 as compared to the skills for those in 2015. It is known that on a statistics test for the first-year grad students ...
What's your answer about the equilibrium change from an event which decreases both demand and supply? You don't need to provide graph here. Just describe the curve shifts and how the equilibrium price and equilibrium qua ...
Imagine a small city Chambana with a labor demand function E=200-1/2w and a labor supply function E=2w-100. Assume that there is a sudden influx of 40 perfect substitutes immigrants. a. How does this affect the natives i ...
A monopoly faces a demand curve of Q = 500 - 2P and has costs of TC = 100 + 10Q + Q^2 (Thus, you can solve MC = 10 + 2Q). Graphically depict Demand and MC. Also, I would like to know a) What is the profit maximizing leve ...
Suppose that the price of a product falls from $70 to $60, and the quantity demanded as a result increases from 30 units to 40 units. Calculate the price elasticity of demand for this product. Is the product elastic, ine ...
Consider: C(y) = y^2+ 2y + 4. Many firms have access to this technology, in fact so many that there is not room for all to profitably operate in the industry. The market demand for the product is given by P = 30-Y , wher ...
What is an example of a repetitive and specific task in which you use descriptive statistics on a daily basis. What is an example of how you consciously or subconsciously rely on the presence of descriptive statistics in ...
The reason that would cause movement along demand curve is 1) income of the buyers. 2) availability of close substitutes. 3) a change in the price of the good itself. 4) non of the above
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