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Draw ppf how each of the following events effects the location of a country's production possibilities curve a. the quality of education increases b. number of unemployed workers increased c. new technologies improves the efficiency of extracting copper from ore d. a devastating earthquake destroys numerous production facilities. What would be the x and y axis?
According to a study, the price elasticity of clothing in the United States is 0.6, and the income elasticity is 1.4. Would you suggest that the ABC clothing company cut its price to increase its revenue?
What are three limitations to traditional cost risk analysis? Explain how qualitative and quantitative data collection is different. Also discuss how the risk driver approach can be useful in minimizing the limitation to traditional cost risk analysi..
Determine the possible circumstances under which the company should discontinue operations.Suggest key actions that management should take in order to confront these circumstances.Provide a rationale for your response.
A used car dealer in Las Cruces placed the following advertisement: $500 down now + $99 for the first 12 months + $199 for the following 48 months a. What is the price of the car if the interest rate is 12% per year compounded monthly? b. If financin..
Assume that the following data describe the condition of a banking system. Total reserves $200 billion, Transaction deposits $800 billion, Cash held by public is $400 billion, Reserve requirement .20.
How will monetary policy affect interest rates or exchange rates. We want to use our AD-AS model to discuss monetary policy and its effects. Who is this man. Who is this man. Who is more important.
The consumption of both x1 also x2. Label income also substitution effects for both goods. Illustrate what is the implication of product differentiation in defining market structure.
In a well-researched essay, explain how the company has used the consumer decision process model to effectively market the product or service to you. This essay should detail the strategy based on the model, explain why the strategy was successful fo..
The operating instruction issued to the European Central Bank is to use monetary policy to focus entirely on targeting the inflation rate. If it follows those rules what would it’s Taylor rule equation look like? Be specific.
Sergei is a computer programmer with a utility function equal to U=Y+120L-L . He contracts with Uber that allows him to set his own work hours; they pay him $50/hour. He has allocated himself a work-hour time budget of a maximum of 250 hours per mont..
What arguments can be made for charging a lower than the profit-maximizing price. What price from the available prices do you recommend.
q.assume firm ys production function is given by the following cobb douglas equation q 0.5 x l0.6 x k0.5 where l
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