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A. Why do governments raise taxes on cigarettes and alcohol to raise government revenues?
B- What changes do you make to your demand for gasoline when the prices start to climb up?
C- Would you want to own a business that sells price-elastic products or price-inelastic products? Why?
D. Let us say the price of widgets is $1.00. At this price, consumers demand 10 widgets. Now the widget seller increases the price to $1.50. At this new higher price, quantity demanded falls to 9 widgets. Are widgets elastic or inelastic? Please show your work.
Explain how “Black Markets” impact economic actives: Please explain in detail and use a supply and demand graph for your examples
Illustrate what is payback period method of investment. Explain how it can be applied to choose among investment project.
If you were to learn that gatorade introduced new favors in 2010, how should that information affect your calculation to the inflation rate.
The study of government regulation and the competitive environment for business is relevant to all those who study business. All business candidates need to understand how the competitive environment will impact their employers and businesses.
q1. compare the unemployment rate in new mexico to the national average of the past four 4 years. compare the trends in
Countertrade is an alternative means of structuring an international sale when conventional means of payment are difficult, costly, or nonexistent. What are the risks associated with pursuing such a strategy?
Determine point price elasticity of demand at P= $3.00. Illustrate what would be new point price elasticity if price were raised to P= $4.50.
Illustrate what conclusions can you draw about the similarities and differences between the EU and globalization.
q1. where does the national unemployment rate stand relative to the natural rate of unemployment? you can visit the
how much output should the firm allocate to market 1? Approximately how much output should the firm allocate to market 2? What is the approximate price that will be charged in market 1?
Explain what Alice must prove in order to maintain a claim for sexual harassment and constructive discharge.
If a perfectly competitive firm raises its price above the prevailing market rate, how much of its sales might it lose? Why? Can a competitive firm ever raise its prices? If so, when? How does an employer-paid Social Security tax on wages affect a co..
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