During the war, the same arms merchant often sells weapons to both sides of the conflict. in this situation, a different price could be offered to each side because there is no danger of resale. suppose a us arms merchant has a monopoly of a special air-to-sea missiles and is willing to sell them to both india and china. india's demand for missiles is p = 64 - 4x and china's is p = 80 - 6y, where p is in millions of dollars. the marginal cost of missiles is mc = 4q, where q = x + y. (a) how many missiles will be sold to each country and what price will be charged to each country? show your work in details. (b) find out the price elasticity of demand for each country at that price and check that the country with less elastic demand is indeed paying a higher price.

The law of demand is the assertion that ?

Put each of them in order. you are a young entrepreneur with a startup business. you now seek credit from the bank to expand it. what are the steps you will have to take? 1. you support your loan application with relevant documents. 2. you fill out the loan application form at the bank 3. you get an approval for the loan and the money is disbursed to your business account 4. you use the credit to further your business plan. 5. you have an interview with the loan officer and you explain your business plan.

Uppose that the federal reserve purchases a bond for $100,000 from donald truck, who deposits the proceeds in the manufacturer’s national bank. what will be the impact of this purchase on the supply of money? the money supply will increase by $100,000. the money supply will increase by $80,000. the money supply will increase by $500,000. this action will have no effect on the money supply. if the reserve requirement ratio is 20 percent, what is the maximum amount of additional loans that the manufacturer’s bank will be able to extend as the result of truck’s deposit? the maximum additional loans is $100,000. the maximum additional loans is $80,000. the maximum additional loans is $20,000. the maximum additional loans is $500,000. given the 20 percent reserve requirement, what is the maximum increase in the quantity of checkable deposits that could result throughout the entire banking system because of the fed’s action? this action will have no effect on the money supply. the money supply will eventually increase by $80,000. the money supply will eventually increase by $500,000. the money supply will eventually increase by $100,000.