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Why does PPF become a straight line?
When it becomes a curve?
When the PPF shifts parallelly?
When it shifts clockwise or anti-clockwise?
Macroeconomics, Economics
Question: The Competitive nature of the market influences labor markets outcomes. Explain and show graphically why a firm with monopoly power hires less labor than a firm hiring labor is a competitive market. Explain and ...
Question - Consider a market with 100 consumers. Each consumer would like to buy at most one unit and is willing to pay up to 10$. There is an incumbent firm that already operates in the market and a potential entrant fi ...
Question - Consider a community consisting of three voters, Al, Bob and Cathy. The Marginal Benefit function for each person is, for lighthouse service G is; MBa = 40 - 4G for Al, MBb = 20 - 2G for Bob, and MBc = 10 - G ...
Question: Marketing Plan: Target Markets, SWOT, and Current Marketing Mix Extend the analysis of the target market by profiling three different groups, ranking them in priority order, and discussing the differences in ea ...
Question - Find an article that discusses in depth the state of the current U.S. economy or how much the U.S. economy is growing. Discuss GDP growth, unemployment or U.S. exports. You must use either: New York Times Busi ...
Question: Draw the supply and demand diagram for reserves with the curves intersecting on the downward sloping part of the demand curve - diagram A. Draw a second graph with the intersection taking place on the horizonta ...
Question: Mandy has an income of $800 in period 1 and will have an income of $500 in period 2. Her utility function is U(c 1 , c 2 ) = c 0.80 c 0.20 , where c 1 is her consumption in period 1 and c 2 is her consumptio ...
Question: 1. A consumer lives for two periods (the present and the future). His income in period 1 is 100. His income in period 2 is 200. Prices of the single consumption good are $1 per unit in both periods. The interes ...
Question: Supply and Demand, A Process of Coordination What would have happened if there had been no laws against price gouging and the price of gasoline immediately after Sandy had hit $50 per gallon? You may certainly ...
Question: Suppose you are the chief executive officer of a small pharmaceutical company that manufactures generic aspirin. You want the company to maximise its profits. You can sell as many aspirins as you make at the pr ...
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Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate
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