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1.The value of the dollar as compared to that of the Euro and the Chinese yuan since the 1990s. 2. The trade balance between the European Union and China over the same period. 3. The contrast between the flexible and fixed exchange rate regimes in Europe and China in terms of their trade relations with the U.S.
Speculated on what the long-run consequences of these trade relations may be.
A monopolist faces the demand curvep =11 - Q , where Q is measured in thousands of units. What is the monopolist profit maximizing price and quantity? What is the profit?
The questions posed are broad and open ended so be careful to allow yourself enough research and planning time.
Sketch a graph of demand and supply curves that shows the effect of an increase in rainfall on the equilibrium price and quantity of corn. Do price and quantity increase or decrease?
American Mining Company is interested in obtaining quick estimates of the supply and demand curves for coal.
Using indifference curve analysis, explain and show graphically the effects of higher gasoline prices on:
Consider the following situations. Evaluate how they would affect the level of productivity of labour.
Find out the range of outputs over which the firm's technology exhibits Increasing, Decreasing or Constant Returns to Scale.
What is the present value of $300 to be paid in two years if the interest rate is 12%? What happens to reserves at Third National Bank if one person withdraws $2,000 of cash and another person deposits $750 of cash?
Compute the point price elasticity of demand for bearing grease. Compute the optional price for bearing grease if marginal cost is $4.50 per unit.
We have learnt that in a perfectly Competitive market, all cost savings from a technological advance are passed along to cnsumer in the form of lower prices
The Lexus LS 430, the top of the line Lexus sedan, riad a base price in Canada of C$85,700 during the fall of 2005. Restated in US dollars using the exchange rate prevailing then, that price is $71,885.
Assume two firms, A and B, serve a market with demand D(p) = 100 - p. Assume that (i) they have identical cost functions, c(Q) = 5Q,
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