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The inverse demand function for mangos is defined by the equation p = 91 − 5q, where q is the number of crates that are sold. The inverse supply function is defined by p = 3 + 6q. In the past there was no tax on mangos but now a tax of $44 per crate has been imposed. What are the quantities produced before and after the tax was imposed?
If you have a series of cash flows, each of which is positive, you can solve for I, where the solution value of I causes the PV of the cash flows to equal the cash flow at Time 0.
If a consumer goes to buy an entertainment center at Best Buy for $2,000 and the mpc is .80, what will be the effect on the economy? What if the mpc really turns out to be .75? Why is there such a difference?
If a nonbinding price floor is imposed on a market, then:
How does an economic contraction that is caused by a shift in aggregate demand remedy itself over time?
Discuss the Security Market Line (What it depicts, what variable measures its slope and its intercept). Show a graphical example using the market portfolio.
Which of the following would most likely serve as an example of a monopoly?
Provide an example of income effect and substitution effect in regards to supply of labour. Illustrate what is opportunity cost of work in this case
Most projects completed using traditional project management are done in a weak matrix organization. Most projects completed in an agile project management framework use a strong matrix or pure project environment. Why is this so?
At the equilibrium market price, each firm produces 20 units. What is the equilibrium market price, and how many firms are in this industry?
Illustrate what type of market structure is auto industry. Has consumer surplus been affected in any way due to changes in auto industry structure and if so, how.
Suppose that in the 1990's, the average retail price of a roll of Kodak film was $6.95 and that Kodak's marginal cost was $3.475 per roll. Based on this information, discuss industry concentration.
Find a print/image advertisement that appears to be based on the psychographic segmentation variable, and one based on the behavioral segmentation variable. For each ad, identify the target market and support your proposal for the variable. Additiona..
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