Suppose that the market equilibrium price for printers is P*=100 and quantity traded of printers is Q=250. At the equilibrium point, the own price elasticity of demand is: Eqx,px = -4. a) Find the demand equation. b) What is the price that maximizes revenues? What are total revenues at that price?

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Unemployment and Cost of Unemployment

Unemployment is the state of being unemployed, even when an individual is actively seeking work opportunities. The unemployment rate refers to the percentage of the workforce that is currently unemployed.