Entries by Hannah Wangui

What causes the PPF to shift outward

Question What causes the PPF to shift outward? I think that resources have to be used but i’m not sure.   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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inflation rate

Question If you wanted to calculate the inflation rate for the economy as a whole, you would use which of the following? nominal GDP the percentage change in nominal GDP real GDP the percentage change in real GDP the GDP deflator the percentage change in the GDP deflator the CPI the percentage change in the […]

 

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This question was created from Test1_A.fa13

Question This question was created from Test1_A.fa13 Is the Marginal Cost the cost of the maximum you could pay – the minimum you would pay. As in, $2.50 – $2.25 so the marginal cost equals $0.25? Is this a general rule for problems like this? Thanks. ATTACHMENT PREVIEW Download attachment 10146572-213126.jpeg 14. At a local restaurant, a […]

 

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demand for bagels

Question Assume the demand for bagels is elastic. If a bagel producer lowers the price of bagels,total revenue will fall total revenue will rise total revenue will be unchanged the quantity demanded for bagels will fall   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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