Suppose the incomes of buyers in a market for a particular inferior good decrease and there is also a reduction in input prices. a equilibrium output would increase, but the impact on equilibrium price would be ambiguous. b. equilibrium price would increase, but the impact on equilibrium output would be ambiguous. c. equilibrium output would decrease, but the impact on equilibrium price would be ambiguous. d. equilibrium output would decrease, and equilibrium price would decrease
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Business, 22.06.2019 21:40
Heather has been an active participant in a defined benefit plan for 19 years. during her last 6 years of employment, heather earned $42,000, $48,000, $56,000, $80,000, $89,000, and $108,000, respectively (representing her highest-income years). calculate heatherâs maximum allowable benefits from her qualified plan (assume that there are fewer than 100 participants). assume that heatherâs average compensation for her three highest years is $199,700. calculate her maximum allowable benefits.
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Business, 22.06.2019 21:40
Which of the following comes after a period of recession in the business cycle? a. stagflation b. a drought c. a boom d. recovery
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Business, 22.06.2019 23:00
The era of venture capitalists doling out large sums of money to startups is a. just beginning b. on the rise c. over d. fading
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Business, 23.06.2019 01:50
Exhibit 34-1 country a country b good x 90 60 30 0 good ygood x good y 0 30 60 90 30 20 10 20 40 60 refer to exhibit 34-1. considering the data, which of the following term to? a. 1 unit of y for 1 unit of x b. 1 unit of y for 0.75 units of x c. 1 unit of y for 0.25 units of x d. 1 unit of y for 1.50 units of x e. all of the above s of trade would both countries agree 8. it -
Answers: 2
Suppose the incomes of buyers in a market for a particular inferior good decrease and there is also...
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