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Draw a straight line demand curve show where it is unit elastic, inelastic and elastic.
What topologies can be used to best serve a distributed computer system using wireless communication? How can a VLAN help manage the communication.
Gas prices in Chicago are currently a bit under $3. Just a few years ago, gas prices were over $4. People respond to incentives. How do you think lower gas pric
Why do you think some celebrities are effective at pitching products while others are not? Experts cite three factors underlying source credibility: expertise, trustworthiness and likability. However, new research now shows that only one of the three..
Calculate the market value of the bond. (Coupon rate = 10%, Issue Date = 2007, n = 15, annual payment and of period)
Why would one be unable to associate particular amounts of calendar time with the concepts of market period, short-run period, long-run period and historical period ? List as many reasons as you can why the low of diminishing retunes or variable prop..
Your financial planning client wishes to have investment savings in 20 years that will provide $1.0 million dollars of purchasing power, measured in today's (real) dollars. The current balance of the client's investment account is $75,000. In today’s..
if demand is perfectly elastic the demand curve is horizontal. if demand for x shifts right as the price of good y increases, then x and y are substitutes. supply shifts rightward if input prices rise. it is possible for an economy to be inside its p..
Determine point price elasticity of demand at P= $3.00. Illustrate what would be new point price elasticity if price were raised to P= $4.50.
Excess capacity is a problem in monopolistic competition because if there were fewer firms in the industry: The model of monopolistic competition characterizes a city's market for plumbing services. Suppose that the market is initially in long-run eq..
New pharmaceuticals developed in the U.S. get patent protection from competition (a monopoly) that lasts 17 years. After the patent expires, other firms can enter the market and produce generic versions of the drug. However, the original firm still m..
1. What is the probability that a randomly selected person prefers traditional class?
A small city is beginning to experience a large population growth of 10% per year. At the end of 2010 the population was 16,000 people. If the growth rate continues, how many years will it take for the population to triple?
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