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As you explore various technologies in your home, work or industries, discuss at least two emerging technologies in society today; what are the pros and cons of these technologies as they impact society?
Explain what would happen in the market for chicken if the price of beef suddenly increased and remained high. Use supply and demand analysis in your answer and consider the elasticity of demand and the cross-price elasticity of demand in your answer..
If a tax of $2 per kg is imposed on the producers state the new demand curve equation and the new equilibrium
Illustrate what is the number of kilowatt hours of electricity produced and what is the price that the company will charge.
Maria is flying a kite. If the kite string is 90 feet long and the string makes an angle of 65 degree with the ground, how high, to the nearest tenth of a foot, is the kite? (Assume that Maria is 5ft tall)
How would one be able apply color to a grayscale painting on photoshop without taking away any of the details in the work?
Research the elasticity of beef and eggs in regards to price changes. Explain how do supply, demand, and price controls interact to affect equilibrium price of eggs
A firm has the following short-run production function
Is it possible to distinguish between these two theories? That is, given a candidate set of parameter values under, say, model (i), are there parameter values under model (ii) that have the same predictions? Explain.
You have a choice between spending $195 on a new biology textbook or purchasing a new 3G smart phone. The opportunity cost of purchasing the textbook is the phone.
Why other countries have high MPC and also have low maltiplier while the role says the higher the MPC the higher the maltiplier?
Research and explain the terms below and summarize how each belongs to health care. Students should research the definitions of following economic terms: economics, macroeconomics, supply, demand, microeconomics.
A company yearly sells 7,890 units. The cost of placing an order is $100 and the carrying costs are $2 a unit. What is the EOQ, the duration of the EOQ,
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