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In 2010, Smileytown consumed 50,000 tubes of toothpaste. In 2011, toothpaste consumption rose to 62,000 tubes. Calculate the percentage change in toothpaste consumption.
A) 12%B) 16.42%C) 19.35%D) 24%
Suppose there are two types of investment in the economy: business investment and investment in housing. Suppose that the government institutes a certain subsidy paid to people who build new houses.
Amos Excavating Inc. is purchasing a bulldozer. The equipment has a price of $100,000. The manufacturer has offered a payment plan that would allow Amos to make 10 equal annual payments of $15,582, with the first payment due one year after the purcha..
Show graphically the amount of the change that is due to the substitution effect and the amount of the change that is due to the income effect.
Suppose the price elasticity of demand for vanity plates in your state is 0.60. The initial price is $20 and the initial quantity is 1,000 plates per week. Suppose the state increases the prices by 10%. Predict the new quantity per week and total rev..
If you were offered an outrageous compensation package to join a company that is laying off employees, declaring bankruptcy, and/or performing poorly overall, would you accept the position?
1. a few years ago canada introduced a new immigration category- called the experience class. the class allows the fast
Calculate the predicted 2001 operating benifit for Con Agra and the percentage increase in operating profit.
An article in Forbes discussed an estimate that the cost of materials in Apple's iPhone 5 with 64 gigabytes of memory was $230. Apple was selling the iPhone 5 for $849 (most phone carriers made payments to Apple that reduced the price to consumers..
Illustrate the economy's adjustment to its long run equilibrium only, as the formerly dislocated (and now retrained) labour force is finding employment in new industries.
The question is related to economics and it is explain about the stimulus package that was passed in the year 2009 as a result of the recession in the American economy.
Wall Street responded by increasing SkyWest's market valuation from $143 million to $1.1 billion after the arrangement was made. Explain, in economic terms, how this arrangement with Delta and United could have caused the value of SkyWest to incre..
It is given an offer to split, if you accept this offer you keep the $1, and the other player keeps $19.
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