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{"ops":[{"insert":"1.What key ingredients are necessary for the creation of economic demand? Of economic supply?\n2.\u201cDemand for a higher education is highest among the wealthy.This has led to an upward \u2013sloping demand curve for college education.The higher the tuition charged, the greater is demand.\u201dDiscuss this statement.\n3.Discus some of the microeconomic and macroeconomic factors a firm must consider in its own sales and profit forecasting.\n4.\u201cOutput per worker is expected to increase by 10% during the next year.Therefore, wages can also increase by 10% with no harmful effects on employment, output prices, or employer profits.\u201dDiscuss this statement.\n5.Do operating strategies of average cost minimization and profit maximization always lead to identical levels of output? Explain\n\n"}]}
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