The table above gives costs at Jan's Bike Sho
A) $200
B) $300
C) $400
D) $500
E) None of the above answers is correct.
B
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A decrease in population shifts the
A) labor demand curve rightward. B) labor demand curve leftward. C) labor supply curve rightward. D) labor supply curve leftward.
Colleges and universities often do not pay salaries that are market-driven. For example, it is typical for a history professor to make the same as an economics professor. What kinds of problems are likely to result from this kind of a pay scale?
What will be an ideal response?
The supply and demand for wheat are given by
QS= 20 + 100p QD = 4000 - 100p +10Y Where Y is the average consumer income. a. Compute the partial derivative of quantity demand with respect to changes in average consumer income. b. Solve for the equilibrium price and quantity as functions of the consumer income. c. Compute the derivatives of the equilibrium price and quantity with respect to income.
Which of the following is not a component of the aggregate demand curve?
a. Government spending (G). b. Investment (I). c. Consumption (C). d. Net exports (X-M). e. Saving.