Gen Combo Microeconomics; Connect Access Card
Gen Combo Microeconomics; Connect Access Card
21st Edition
ISBN: 9781260044874
Author: MCCONNELL CAMP
Publisher: MCG
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Chapter 2, Problem 4P

Subpart (a):

To determine

Payment for entrepreneurial ability.

Subpart (b):

To determine

Revenue of businesses in product market.

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17. Given that C=$700+0.8Y, I=$300, G=$600, what is Y if Y=C+I+G?
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