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Question Subject Due Date No. of Tutorials Closed Price
Problem set 3 - If the market equilibrium price is $25
Problem set 3Due 5/30You are encouraged to work in groups comprising of not more than three individuals. Only onesubmission per group is required. Clearly write each group member’s name. STAPLE ALL …
Economics / Microeconomics 2017-06-06 1 Yes $18.00
ECO2023 - When the demand curve is relatively inelastic
In your own words answer the following questions and upload your answers within an MS Word Document.1. When the demand curve is relatively inelastic and the price falls, what happens to total revenue? …
Economics / Microeconomics 2017-06-06 1 Yes $9.00
ECON 203 - Discusses changes in demand and supply
Discussions List - ECON 203 6383 Principles of Microeconomics (2168)Go to the internet and find a news article that discusses changes in demand and supply of particular goods, summarize key points and …
Economics / Microeconomics 2017-06-06 1 Yes $6.00
Mountain Mack and Big Lake Bob spend their time
Mountain Mack and Big Lake Bob spend their time carving fishing lures and duck decoys. The table below shows their production possibilities schedules, which describe various combinations of fishing lu …
Economics / Microeconomics 2017-06-06 1 Yes $3.00
Ireland and Scotland both produce potatoes
Ireland and Scotland both produce potatoes and sausages. The table below presents their production possibilities schedules.Production Possibilities SchedulesIrelandScotlandPotatoes(tons)Sausage(tons)P …
Economics / Microeconomics 2017-06-06 1 Yes $3.00
ECONOMICS 1010 - Suppose the demand curve for a good
1. Suppose the demand curve for a good is given by the equation P = 200 - 1/4Q and the supply curve is given by the equation P = 50 + 1/2 Q, where Prepresents the price of the good (measured in dollar …
Economics / Microeconomics 2017-06-06 1 Yes $8.00
Emmanuel's Marginal Benefit and Marginal Cost of Gardening
Emmanuel enjoys growing zucchini in his garden and then selling his produce at the local farmers’ market. The table below shows his marginal benefit and marginal cost for each hour he spends in his …
Economics / Microeconomics 2017-06-06 1 Yes $3.00
The budget constraint between leisure hours
Suppose you have 24 hours per day that you can allocate between leisure and working.(a) Draw the budget constraint between “leisure hours” on the horizontal axis and“wage income” on the vertic …
Economics / Microeconomics 2017-06-06 1 Yes $10.00
Mathew has the utility function U
2.Mathew has the utility function U =(where Y represents bananas and X representsham burgers), income of $20, and is deciding how to allocate that income betweenbananas and ham Burgers. Ham Burgers co …
Economics / Microeconomics 2017-06-06 1 Yes $7.00
ECON 2100 - Consider the market of pens
Consider the market of pens. Suppose the the number of students with an allergy to pencil erasers increases, causing more students to switch from pencils to pens in school. Moreover, the price of plas …
Economics / Microeconomics 2017-06-06 1 Yes $5.00
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