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Question Subject Due Date No. of Tutorials Closed Price
Hurricane Katrina damaged a large number of oil refineries
Hurricane Katrina damaged a large number of oil refineries in the Gulf Coast, causing alarge increase in crude oil prices (crude oil is a key input in producing gasoline). Afterthe hurricane came, all …
Economics / Microeconomics 2017-06-09 1 Yes $6.00
Competition, price and revenue When you buy a can of drink
Shall We Put Up Our Price?Competition, price and revenue When you buy a can of drink on a train, or an ice-cream in thecinema, or a bottle of wine in a restaurant, you may well be horrified by its pri …
Economics / Microeconomics 2017-06-09 1 Yes $7.00
ECON 102 - The demand curve is given by the equation
The demand curve is given by the equation QD = 100 – 10p and the supply curve by QS = 10pFind the equilibrium price and quantity.Find the consumer surplus if price is equal to the equilibrium price. …
Economics / Microeconomics 2017-06-09 1 Yes $6.00
Suppose that a firm's production function is given by Y
Suppose that a firm's production function is given by Y = 100 , where K is the level of capital and L is the number of laborers the firm employs. For the given production function the marginal product …
Economics / Microeconomics 2017-06-09 1 Yes $4.00
How to find price elasticity - What is the price elasticity of demand
How to find price elasticity for this question: if the price drops from $3.50 per order to $2.50 per order, his daily sales rise from 300 to 500 orders. 1)What is the price elasticity of demand f …
Economics / Microeconomics 2017-06-09 1 Yes $8.00
ECON 202 - Consider the perfectly competitive market for pickles
Consider the perfectly competitive market for pickles. (a) Why does an individual pickle-making firm have an upward-sloping supply curve in the long-run? (b) Supposing that the pickle industry is init …
Economics / Microeconomics 2017-06-09 1 Yes $8.00
ECON 202 - Consider the waffle industry, which is perfectly
(1) Consider the waffle industry, which is perfectly competitive. (a) What, in general terms, does the short-run market supply curve look like for the waffle industry? Why?(b) What, in general terms, …
Economics / Microeconomics 2017-06-09 1 Yes $10.00
ECO202 - What is the United States current balance of trade
What is the United States current balance of trade? And has it been increasing or decreasing? Based on the current economic conditions, how do you think this balance will move in the near future, and …
Economics / Microeconomics 2017-06-09 1 Yes $5.00
ECO 3028 - Agricultural markets are often cited as exhibiting
Homework(1b, 2a) In The News: Agricultural markets are often cited as exhibiting the characteristics of the perfect competition market structure. Does farming fit this model?Use the key word ECONOMIC …
Economics / Microeconomics 2017-06-09 1 Yes $10.00
Suppose the price of cars falls significantly
Suppose the price of cars falls significantly. This would cause a shift in the (demand or supply), curve for tires, and we would expect to see the price of tires to(rise,fall,change ambiguously). …
Economics / Microeconomics 2017-06-10 1 Yes $3.00
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