yes I that was a duplicate question but you didn’t answer me. May you are having some problems with that questions. I need an answer for that…
I have a quistion regarding the below: If the price of a complement for tires decreases, all else equal, a.quantity demanded for tires will…
Suppose the demand curve is p=10-BQ, where P is the market price and Q is the quantity demanded and B0. A monopoly firm has constant marginal costs…
What is the average value of a loyal customer (VLC) in a target market segment if the average purchase price is $50 per visit, the frequency of
Suppose you are a painter, and the price of a gallon of paint increases fro $3.00 a gallon. Your usage of paint drops from 35 gallons a month to 20…
What are expectations, and why are they important in macroeconomic models?
You buy only apples and bananas. Your budget is such that you can purchase 3 apples and 4 bananas or 9 apples and 2 bananas. Write down the equation…
Although adjustment to the equilibrium may take a long time in a stock-flow housing model, adjustment is fast under some circumstances, which makes…
Question 2 Price Level 20,35,50,85,110,135 Real GDP demanded(in billions) 100, 75,55,25,15,10 Real GDP supplied ( in billions) 20,40,55,85,105,120…
(a) Obtain data for the consumer price index (CPI) and the GDP deflator (use the chain-type price index for GDP) for the following years: 1972…
