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The price elasticity of demand for Pete's chocolate chip cookies is 1.5. Pete wants to increase his total revenue. Would you recommend that Pete raise his price or lower his price of cookies? Explain your answer.
Elucidate the effects of an increase in business investment on the short-run macroeconomic equilibrium.
Why do Caterpillar and your parents have different opinions about the value of the dollar.
Explain how does the market system efficiently perform the functions of communication, coordination and motivation in the distribution of resouces to comsumers.
You have been asked to produce a forecast for your company's new product (bottled water). List out and briefly describe four factors you would consider before giving the forecast.
Assume this economy is closed to trade, and compute consumption, government purchases, national saving, and investment.
illustrate what is the change in Clean-Springs' profit-maximizing levels of output, price and profit. Explain in words and with graph.
Justify your answer using at least two analytical techniques and presenting the information graphically.
Why might the U.S. have a comparative advantage in bioinformatics but not in manufacturing and steel making.
Yet many financial decision-makers at some of the most prominent firms in the world continue to use less desirable measures such as the payback.
How much is the uniform annual revenue in years 2 through 5 to achieve economic equivalence if the company decides to use MARR.
Explain how did the early classical economists view the relation between productions also consumption.
The rapid globalization of capital markets enables persons also institutions based in one nation to invest in corporations based elsewhere with relative ease.
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