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As a transit planner, your job is to predict ridership and total fare revenue. Suppose that short-run elasticity of demand for commuter rail (over a one-month period) is 0.60, and the long-run elasticity (over a two-year period) is 1.60. The current ridership is 100,000 people per day. Suppose that the transit authority decides to increase its fares 10% from $2.00 to $2.20.
Explain the process for obtaining an annual filing report for a corporation currently registered in California
The forecasted demand for fudge for the next four months is 140, 160, 90, and 70 pounds. What is the recommended production rate if the level strategy is adopted with no back orders or stockouts
One roommate says that he buys stock only in companies that everyone believes will experience big increases in profits in the future. How do you suppose the price-earnings ratio of these companies compares to the price-earnings ratio of other compani..
Suppose a market is characterized by a unionized and a non-unionized sector. Both sectors initially have supply given by Q=10,000+25w, and demand by Q=20,000-10w,
question 1 what are the highest and lowest payments from the writer that the beekeeper-farmer team will accept for the
the rocky mashed potato factory produces output at c q2 marginal costs 2q where q is the quantity of mashed potatoes
Recall the best supervisor or boss ever worked for and the worst one you ever worked for . Compare these two people in terms of their management skills and ability to perform the four management functions.
Presume an individual lives two periods. In period 1 she works full time and makes $100. In period 2 she enters partial retirement and makes $20. She can borrow and save at the constant, risk-free interest rate r. Draw her budget constraint. Label th..
a subsample from the current population survey is taken on weekly earnings of individuals their age and their gender.
a department store attempts to gain a competitive advantage by empowering its salespeople in the cosmetics department
In what kind of an economy does the government make all the decisions. mixed or laissez-faire or else is.
suppose that two players are playing the following game.nbsp player 1 can choose either top or bottom and player 2 can
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