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The price of long-distance telephone service fell from 40 cents per minute in 1996 to 22 cents per minute in 1999, a 45-percent (18 cents/40 cents) decrease. The Consumer Price Index increased by 10 percent over this period. What happened to the real price of tele- phone service?
two companies company a and company b are deciding whether each should implement a new pricing strategy which may or
A firm has a total cost function 3y^3-42y^2+200y+800Find the profit of the firm if output is zero and the profit maximizing quantity of output and profitin the short run for the firm if the price is 260.
1. with an economic perspective write a brief summary of the current event article- the washington postcoming soon to
A profitable company making earth-moving equipment is considering an investment of $100,000 on equipment, which will have a 5 year useful life and, no salvage value. If money is worth 10% which one of the following there methods of depreciation would..
What characteristics of oligopoly make their prices and output levels "sticky"? Does this make the firms more risky or less risky?
A domestic shoe company distributes running shoes and tennis shoes for $95 per pair. The marginal cost of producing a pair of running shoes is $60, and the marginal cost of producing a pair of tennis shoes is $45.
Calculate the marginal propensity to consume. Calculate saving at each level of disposable income and calculate the marginal propensity to save.
please note that this is a follow up question to the last assignment i submitted. it would be great of the person who
explain why relatively flat as opposite relatively steep labor demand curves are more consistent with the empirical
Consider a demand curve of the form qd=20-2p where qd is the quantity demanded of goods and p is the price o the good. also consider a supply curve of form
You are hired by the Chair of the Federal Reserve to manage the trading desk at the New York Fed and the Chair tells you that he wants you to increase the money supply (M1) by 33.33 percent. They warn you to be careful because in these uncertain time..
GM Company is considering opening a dealership in Germany, but is unsure ifit can earn an 8% rate of return that is promised by an alternative investment (of similar risk).The initial outlay for a dealership office would be $400K, and another $220K w..
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