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Supply and Demand
There is a shortage of college basketball and football tickets for some games, and a surplus occurs for other games. Why do shortages and surpluses exist for different games?
Why will resources specialize according to their comparative advantages. Explain why will this specialization increase production.
Compute the implied arc price elasticity of demand. Is a further price decrease warranted.
Elucidate policy or policies may be required to ensure the rate of inflation is low
This product, called Red Hat Linux, is a potential replacement for UNIX and other well-known operating systems. If you were in charge of pricing at Red Hat, what strategy would you pursue? Explain.
Compute Foust's after-tax cost of new debt and common equity. Calculate the cost of equity.
You should suppose that the accident at Chernobyl had no effect on the price of hot dogs or Jane's preference of caviar.
Suppose the present market conditions of Microsoft Corporation.
Explain how do the principles of microeconomics which you have leaned in this course apply to other nations.
Suppose demand function has changed t0o Qd2 = 14-P. What is the new equilibrium price and quantity. Show your work
Economists have estimated the subsiquent transportation elasticities.
Describe how a correctional officer's pay is determined and how the salary is structured. Discuss what your chosen state can do to increase the supply of correctional officers.
Elucidate what is the difference among real GDP and nominal GDP.
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