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- Think back to a purchase that you made recently. How would you describe your thinking before you made that purchase?What would be another example of a system in the real world serve could serve as a metaphor for micro and macroeconomics?Why is a production possibilities frontier typically drawn as a curve, rather than a straight line?
- What is productive efficiency? Allocative efficiency?Suppose you are chatting to a friend in Brazil on the Internet. Your friend tells weather is forecast to be really cold in the next few weeks and the frost that's expected will damage the coffee crop. Your friend says, "If there are going to be fewer coffee beans available, rll bet that coffee bean prices will rise. We should buy enomous quantities of coffee beans now and put them in storage. Later we will sell them and make a huge profit." you that the 4. Can you "beat the market" with public information? That is, can you use publicly available information to help you buy something cheap and quickly sell it at a higher price? Why or why not? In order to reduce smoking, the government places an additional tax of €2 on a pack of twenty cigarettes. After one month, while the price to the consumer has increased a great deal, the quantity demanded of cigarettes has been reduced only slightly. 5. Is the demand for cigarettes over the period of one month price elastic or price inelastic?…I need answer of C,D
- Jamie Finch is crafting the business model for her fashion design firm She just completed the section that describes how har fem plans to compete relative to her rivals Just completed portion of her business model template The J OA Ocore sty Opplan 5 OD. legy OE operation A X and " 3 E S D S 4 C 333 R F N 5 V 44 T G ^ 6 MacBook Pro B DAE Y H & 7 # N U J 8 1 M 1 9 K A O 0 L F command P Time Remaining 00:55:15 M in option ( 1 ? H TH 1 1 Next a delete returrHi, I need help with this Macroeconomics question. Thank you.only b explain do fast
- Morph rede Reveral Wee SPape Wheef ACTIVITY: 005 Binds Comb Unceeer %3D A. Complete the following table using data below: Toilf Random far herkebear Push Cover Cube FC VC AVE. TC MC OUTPUT Fea Aimiene Rendam 10 10 16 Modiy Iransdon 36 40 Sund NoSoun 公 n 34Whats the definition of these words?Which of the following is a macroeconomics question? Select one: Should we have a constitutional amendment to balance the federal budget? a. O b. Why does a firm decide to enter a particular market? Should the government prevent the merger of two large firms? O C. O d. Should the government put a tax on alcohol in an attempt to reduce highway fatalities
