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Q. At Tony's Restaurant, the quantity sold of large pizzas is 200 at the unit price $15. Suppose the price elasticity of demand for pizzas by the initial value method is 1.5, and you would like to increase the quantity sold to 250. Calculate the new price of large pizzas
Q. The U.S Border Patrol is considering the purchase of a new helicopter for aerial surveillance of the New Mexico-Texas border with Mexico. A similar helicopter was purchased 4 years ago at a cost of 140,000$. At an interest rate of 7% per year. Illustrate what would be the equivalent value today of that 140,000$ expenditure?
Do a discussion on the model of perfect competition also adopting strategies to gain marketplace power in competitive industries.
The craft unions electricians, carpenters, other possess considerable power to raise wages than do industrial unions automotive workers, steel workers.
Explain how will the bank respond to the withdrawal. Suppose that the bank responds to insufficient reserves by reducing the amount of deposits it holds until its level of reserves satisfies its required reserve ratio.
When you purchase and eat a hamburger, no one else can eat the same hamburger. When you download a file on the Internet, the file is still available.
Assume that the industry wants to expand and has to make some long-term capital budgeting decisions. Now the industry is confronted with government regulations to oversee the merger.
Find the equilibrium values of the real interest rate, consumption, investment, and the price level.
Assume that the marginal cost of providing lockers is zero as well as the monthly demand as well as for lockers is estimated to be best described.
Discuss the difference between them and explain the managerial actions that can influence the firm profitability.
Illustrate what can we say about the elasticity of demand for Larissa's legal services. Elucidate which is consistent with the direction of these shifts
Laptops have also become easier also cheaper to produce as latest technology has come online.
The Solow Growth Model. In 2010, Japan was a large open economy with perfect capital mobility that was at its steady state.
Illustrate what are the levels of income per worker also consumption per worker. Show how capital stock per worker will evolve over time in both countries.
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