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Discussion 1
"Supply and Demand"
From the scenario for Katrina's Candies, examine the key factors affecting the demand for and the supply of a good in general and Katrina's Candies specifically. Distinguish between a change in demand and a change in the quantity demanded (movement along the demand curve). Propose two methods in which organizations that provide the good may utilize this information.
During the Weekly Scenarios Herb Jones, a graduate student and part-time data analyst, together with other key members of Katrina's Candies will work together on projects related to managerial economics and globalization.
Draw the graph of demand and marginal private cost curves for the factory - Find the equilibrium price and quantity.
employees who are represented by a uion are paid approximately 30 more in terms of pay and benefits costs than
Identify at least four policies from the textbook that the government has created to impact economic growth and productivity. Evaluate whether each item has enhanced or diminished your quality of life, and make any appropriate recommendations that mi..
Suppose that the price of good X rises and the price of good Y falls in such a way that the consumers new optimal consumption bundle lies on the same indifference curve as his old bundle.
suppose the economy were very strong and unemployment very low. wages after inflation rise for most americans by about
describe how a firms microenvironment can determine how profitable it will be?provide examples of organizations as well
What does the Marshall-Lerner condition look like if the country whose real exchange rate changes does not start out with a current account of zero?
Use the rule of 72 to estimate the doubling time (in years) for an interest rate of 3%, compounded annually. Then calculate it exactly.
Developers frequently buy land and hold it on speculation; in effect they "bank" land. Should firms be permitted to buy and bank pollution rights in the same say? Would such a practice contribute to overall economic efficiency?
In what ways does the social impact of the recent downturn resemble that of the Great Depression? In what ways does it differ?
Ashenfelter proposed a method to estimate the causal effect of education on income based on the Vietnam draft lottery. The table below shows the average education and annual salary of two groups of men: those born on September 7, 1950, and those born..
The following data reveal how much each consumer is willing to pay for an Alaskan cruise: Amy $900 Ed $2,000 Bob $1,100 Gigi $1,300 Carol $1,500 Hugo $1,800 Eduardo $400 Isabelle $1,500
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