Last month, the tecumseh corporation supplied 400 units of three-ring binders at $6 per unit. this month, the company supplied the same quantity of binders at $4 per unit. based on this evidence, tecumseh has experienced

Consider an economy where the government's budget is initially balanced. the production function, consumption function and investment function can be represented as follows y equals k to the power of alpha l to the power of 1 minus alpha end exponent c equals c subscript 0 plus b left parenthesis y minus t right parenthesis i equals i subscript 0 minus d r suppose that taxes increase. what happens to the equilibrium level of output?