Business, 09.09.2019 21:30 viktoria1198zz
Wine and cheese are complement goods because they are consumed together. what would you expect to happen to the equilibrium quantity of cheese if the price of wine increased and all else is held constant?
a. it would increase because of a supply shift
b. it would increase because of a demand shift
c. it would be ambiguous because of a double shift (in both demand and supply).
d it would decrease because of a supply shift
e. it would decrease because of a demand shift
Answers: 2
Business, 22.06.2019 15:00
(a) what do you think will happen if the price of non-gm crops continues to rise? why? (b) what will happen if the price of non-gm food drops? why?
Answers: 2
Business, 22.06.2019 19:40
When a company produces and sells x thousand units per week, its total weekly profit is p thousand dollars, where upper p equals startfraction 800 x over 100 plus x squared endfraction . the production level at t weeks from the present is x equals 4 plus 2 t. find the marginal profit, startfraction dp over dx endfraction and the time rate of change of profit, startfraction dp over dt endfraction . how fast (with respect of time) are profits changing when tequals8?
Answers: 1
Business, 22.06.2019 21:00
You are given the following information about aggregate demand at the existing price level for an economy: (1) consumption = $400 billion, (2) investment = $40 billion, (3) government purchases = $90 billion, and (4) net export = $25 billion. if the full-employment level of gdp for this economy is $600 billion, then what combination of actions would be most consistent with closing the gdp gap here?
Answers: 3
Wine and cheese are complement goods because they are consumed together. what would you expect to ha...
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