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Q. In a closed economy, savings is equal to national savings. In an open economy, savings is equal to national savings plus capital inflow. At any given time, however, savers, people with funds to lend, are usually not same as borrowers, people who want to borrow to finance their investment spending. How are savers and borrowers brought together?
Merk is a biotech division of Bayer Pharmaceuticals. In its eight years of existence, Merk has had only one drug make it into clinical trials.
Illustrate if there were only one supplier of diamonds, elucidate what would be the price and quantity
Illustrate what is the relationship among a firm's total income, profit also total cost?
Elucidate how it is possible that we have "sustainable development" (as it is defined in text book) in a world in which minerals, oil and or non-renewable resources are being depleted.
If a country desires to have stable prices (or low inflation), why not simply pass a law that prohibits firms from changing prices? Elucidate pros and cons associated with this case.
You read in a business magazine that computer firms are reaping high profits. Assume that the computer market is perfectly competitive.
Evalute the strengths and weakness of Callaway, Taylor Made, Titleist, Ping, and Nike. Which company has a competitive advantage in the marketplace.
Assume this technology becomes widely adopted throughout the country by manufacturers of all types. Elucidate what impact would the Universal Replicator have on the economy.
Over the past year price inflation has been 10% but the price of a used ford escort has fallen from $6000 to $5000. The real price of a ford escort has fallen by Elucidate how much.
Compute and indicate in diagram the level of domestic consumption, domestic production and imports of commodity Y at free trade price.
A county is considering using a piece of park land for one of two alternative recreation projects.
illustrate what price should it charge and how many DVDs should it order from each supplier.
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