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Author Question: If two or more markets are closely related, A) a partial equilibrium analysis will tend to ... (Read 88 times)

washai

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on: Jul 1, 2018
If two or more markets are closely related,
 
  A) a partial equilibrium analysis will tend to overstate the price impact of a supply shock.
  B) a partial equilibrium analysis will tend to accurately predict the price impact of a supply shock.
  C) a partial equilibrium analysis will tend to understate the price impact of a supply shock.
  D) they should be analyzed concurrently but using partial equilibrium analysis alone.

Question 2

The high cost of advertising during the Super Bowl will
 
  A) not affect the efficient level of output because advertising is a sunk cost.
  B) will affect the efficient level of output because profits will fall significantly.
  C) not affect the efficient level of output because advertising is a fixed cost.
  D) Not enough information given.
Microeconomics ¦ Perloff ¦ 8th Edition
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orangecrush

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Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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washai

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

tranoy

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Reply 3 on: Yesterday
Excellent

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