Recently, Uzneftegazdobycha, a private company, designed an easier and cheaper method to explore hydrocarbons below the former Aral Sea seabed. The Uzbek government and the people in the region see this as an opportunity to earn additional revenue. But intensive development of oil and gas fields will further dry up the Aral Sea. The area earmarked for prospecting and drilling is located in the natural caverns that retain a part of the Aral Sea. The water in these caverns needs to be drained for this purpose, thus, furthering the disaster. What is the name of the rock in which this water and the caverns are located

Your dormitory, griffingate, has appointed you central banker of its economy, which deals in the currency of wizcoins. assume that the velocity of wizcoins in griffingate is constant at 10,000 transactions per year. right now, real gdp is 1,000 wizcoins, and there are 2,000 wizcoins in existence.

The market demand curve for a popular teen magazine is given by q = 80 - 10p where p is the magazine price in dollars per issue and q is the weekly magazine circulation in units of 10,000. if the circulation is 400,000 per week at the current price, what is the consumer surplus for a teen reader with maximum willingness to pay of $3 per issue?

Because this market is a monopolistically competitive market, you can tell that it is in long-run equilibrium by the fact thatmr=mc at the optimal quantity for each firm. furthermore, a monopolistically competitive firm's average total cost in long-run equilibrium isless than the minimum average total cost. true or false: this indicates that there is a markup on marginal cost in the market for engines. true false monopolistic competition may also be socially inefficient because there are too many or too few firms in the market. the presence of the externality implies that there is too little entry of new firms in the market.