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Suppose that a 20% increase in the price of gasoline causes a 5% decrease in the consumption of gasoline and a 30% drop in the sales of SUVs. What can you say about elasticities?
Based on the following data, compute the (a) unemployment rate rate (b) cyclical unemployment rate, and (c). structural unemployment
Given the demand and cost conditions, what price, output and profits result in the short run? What will happen as the firm moves from the short to the long run
When companies expand into the international arena, they do so either because their home market has matured or because they see real opportunities in the foreign market. Discuss which kinds of international strategies are most appropriate for compani..
Use the Internet to learn more about what companies are doing to enhance employee creativity. Be specific when you make an entry in your search engine to avoid being deluged with a choice of Web sites far removed from your topic. In your search engin..
Starting with the situation in part d, suppose the government starts taxing the population $30 each year without spending anything.
At prompting of United States, Japan relaxed restrictions and allowed companies to invest anywhere in world. What effect do you think this had on yen/dollar exchange rate and trade balance between two countries.
Hong Kong dollar, and the one-year forward exchange rate is 9 yen per dollar. Determine whether or not there is an arbitrage opportunity and, if possible.
What was the impact on the supply and demand of labor on one sector of the labor market? Explain the factors that affected labor demand and labor supply in the chosen historical example.
The postal service carrier works on Sunday delivering special high-priority letters. She can deliver 15 letters per hour. The hourly fixed costs (vehicle depreciation, insurance, etc.) equal $42, and the hourly variable costs
Illustrate what about burning all but one of his ships made to a utilize, powerful strategic commitment for Cortes in Mexico.
Illustrate what do you think would happen to sale and price of DVDs after this.
Compute most favorable output also profit for each firm and the market price. Also, compute the resulting profit of cartel.
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