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Q. When US assets are more attractive to foreign investors, what happens to demand for dollars vs demand for a foreign currency? Demand for US dollars increases (demand curve shifts) At a Phoenix game, 150,000 tickets were sold at $45 a piece, game was sold out and some people didn't get tickets. This says what about selling price and equilibrium?
Suppose apples also oranges are substitute. Presume apple growers launch a very successful advertising campaign that convinces consumers apples are a better product.
As a second alternative, Mrs. Siegal can take pain killers. Each pill costs 50 cents also Mrs. Siegal needs to take 30 pills every month.
Sketch the aggregate demand-aggregate supply model of the macroeconomic for the short run, assuming that the economy is in the expansionary phase of the business cycle.
Using appropriate diagrams and notations,carefully explain the relationship b/n elasticity, total revenue and marginal revenue. 2,discuss the uses of elasticity of demand.
Explain how much profit will the perfectly competitive firms earn. Explain how much profit will the monopoly firm earn.
Suppose the two newspapers merge. Illustrate what is the likely post- merger bargaining outcome.
Compare the additional income Microsoft makes as it moves from 20 million to 40 million copies of Vista with the additional income it makes as it moves from 40 million to 60 million copies of Vista.
You are the manager of a local sporting goods store and recently purchased a shipment of 60 sets of skis and ski bindings at a total cost
What is opportunity cost of producing one more bushel of wheat in US. Which country has a comparative advantage in winter hats.
What does Autor mean by "polarization of job opportunities?" Illustrate what is the primary cause of this polarization.
Use a .01 level of significance to test if there is a difference in the mean production of the three assembly lines. Develop a 99% confidence interval for the difference in the means between Line B and Line C.
Illustrate what does your anticipated adjustment process imply about the CR for the industry.
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