What are some of the ways that you can suggest that can help address the inequalities between rich and poor countries’ access to good (Esp. food) without adapting the radical notion of de-developing richer nations?

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A: A profit-maximizing firm operate at the point where its marginal cost is equal to marginal revenue. 

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Q: hates that the cost of steel bodies for pressure valves will increase by $2 every 3 month pe $80, wh...

A: *Answer:                         

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Q: Derive and use the equilibrium in the goods market (Keynesian cross) to explain how a drop in consum...

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A: *Hi there , question contains multiple sub -parts and as per our guidelines we are only allowed to s...

Q: The inverse supply equation for clay pots is P = 0.5QS + 1; the inverse demand equation is P = –2QD ...

A: P = 0.5QS + 1 -------&gt; Inverse supply equation =&gt; QS = (P-1) / 0.5 =&gt;QS = 2P - 2    -------...

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Q: If you can prevent someone from consuming a good, that good is called

A: If a good is prevented from its consumption, then it is an example of a private good.

Q: . Make up an example of a monthly supply  schedule for pizza and graph the implied supply  curve.  a...

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Q: Enumerate the major characteristics of research and explain each.

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Q: Consider the production function of widget: Q= 23K"^L°.8, where Q is units of output per month, K is...

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Q: A linear production possibilities curve indicates which of the following? a. Constant opportunity co...

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Q: A perfectly competitive market exists for almonds. Demand for almonds is Q= 200 - ere P is the price...

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Q: Macroeconomists are interested in two types of phenomena: economic growth and business cycles. Expla...

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Q: If there is a surplus of loanable funds, then

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Q: In the short run, ________ in the federal funds rate ________ the price level, and ________ real GDP...

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Q: Other things being equal, would a consumer optimum change if the prices of all items consumed rise a...

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Q: How can we reconcile these four classical models? In other words, what are some positives that can b...

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Q: Briefly explain how firms compete/set price under the Oligopoly market structure.

A: Oligopoly is a form of market organization in which there are few sellers of a homogenous or differe...

Q: (3) You are an accountant for a manufacturer of radios. The demand function for the tablets is p= 40...

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Q: Supply of construction workers in a small town is given by Qs = 4W - 20, and demand for construction...

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Q: Discuss, how climate change affected our global economy?

A: The major consequence of the climate change is the Global Warming.