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Q. Each month Marti puts a certain percent (%) age of her income in a bank account to she plans to utilize in the future to purchase a car. For Marti the money saved in the bank account is primarily functioning as
Q. Elucidate how does knowledge of price elasticity among different groups of clients or for various products enable managers to price discriminate or change different prices for these groups.
Q. the Demand function for rice is given as Q195-10p where Q is the quantity also p the price. Determine: (1) the Demand schedule (2) the Demand curve.
If labor productivity grew at the rate of 1.4% per year Illustrate what would average hourly compensation be in the year.
How will the effect on price of an outward shift in demand for labor differ from the effect on price of an equivalent shift in the demand for land.
Suppose now the price of a cell phone minute falls to $.50 per minute. Show how this will change the budget line.
Discuss the long range effects of a stimulus plan as it affects the banking sector.
Explain what occurs when a new technology makes another one obsolete in terms of economic profit.
Use supply and demand model to explain the dramatic rise in the price of a college education.
The Immediate lyric Division accused Microsoft of forcing consumers to buy Internet Explorer whenever they bought Windows
Describe how each of these activities affects government, households, and businesses. Describe the flow of resources from one entity to another for each activity.
Illustrate what is the product maximizing level of output for this producer. Will the producer make a positive profit at this level of output.
Explain the replacement effect, which may cause monopoly firms to innovate less rapidly.
Jane wants to buy a beautiful doll as a gift for her sister's birthday. What is the advantage to society to correct the externality?
She is now considering raising her prices by 20 percent to offset the increase in her monthly rent.
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