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### Question #2003031: Monopoly, Oligopoly, Monopolistic Competition

Question: What are the advantages and disadvantages of the price system? Solution: The solution consists of 128 words (1 page)Deliverables: Word Document

Question: You are given the following individual demand and supply information for comic books: Demand Price Jim Ann Paul Total $16 0 2 8$14 0 8 9 $12 0… ### Question #2003448: Other Economics Problems Question: Given a state with a population of 1,123,479 in which there were 132 homicides during 2006, what was this state's homicide rate (in the most commonly used form) in… ### Question #2003781: Supply and Demand Question: For consumers’ demand function $D(q)=40{{e}^{-0.05q}}$ and $${{q}_{0}}=10$$. (a) Find the total amount of money consumers are willing to spend to get $${{q}_{0}}$$ units of the commodity. (b) Sketch the… ### Question #2004185: Supply and Demand Theory Question: For the demand function D(x), find the consumers’ surplus. p = D(x) = 200 – 0.5x, = 125 Solution: The solution consists of 44 words (1 page)Deliverables: Word Document ### Question #2004328: Other Economics Problems Question: Bernie and Pam Britten are a young married couple beginning careers and establishing a household. They will each make about$50,000 next year and will have accumulated about $40,000… ### Question #2004695: Elasticity Theory Question: “An increase in the wage rate for autoworkers will generate a greater decrease in the quantity of labor demanded in the long run than in the short run.” Use… ### Question #2004800: Other Economics Problems Question: The following table gives H.B.’s satisfaction from carrots and lettuce. Carrots Lettuce Quantity Utility Quantity Utility 0 0 0 0 1 12 1 16 2 21 2 32 3… ### Question #2004843: Other Economics Problems Question: Find the cost of each item in 10 years, assuming an inflation rate of 5%. a. movie admission:$7 b. CD: $14.95 c. Textbook:$90 d. Electric bill: \$105… 