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You are a division manager at Toyota. If your marketing department estimates that the semiannual demand for the Highlander is Q = 150,000 - 1.5P, what price should you charge in order to maximize revenues from sales of the Highlander?
Suppose that the position of a nation's aggregate demand curve has not been changed, but long-run equilibrium price level has declined.
Elucidate the three Federal Reserve tools used to undertake a tight monetary policy.
Explain how could you use the concepts of marginal cost and marginal revenue to maximize profit? What information do you need to determine this.
When manufacturer decrease price for goods and services, it increase customer’s surplus and everyone standard of living. Therefore, it behooves government to impose below market value ceiling on customers goods,
Assume you are the general manager of a concrete mixing and delivery facility located in Texas. Your company purchases the raw materials for concrete, mixes the concrete according to customer specifications,
Illustrate what happens if the government is trying to stimulate the economy with their spending, but this leads to a greater output than projected.
Illustrtae what are the primary advantages and disadvantages of acquiring inputs through this means? Give an example that uses this method of procurement.
Analyze the relationship among fiscal and monetary policy in an open economy.
What is a fixed payment made by the privately insured patient in exchange for receiving the medical good or service? What is the percentage of each and every medical bill that the patient pays rather than the flat dollar amount?
In light of Ricardian model, how might you measure the claim by developing countries that they're at a disadvantage in trade
Assume you own a home re-modelling company. You are currently earning short-run profits. The home re-modelling industry is an increasing-cost industry.
Illustrtae what is the difference among cost-push and demand-pull inflation.
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