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Wall Street Journal reported that IBM "has agreed to manufacture personal computers for a large mail-order firm [Inmac Corp.] that will compete against IBM's own product line" and "rather than carry the IBM label, the new machines will be sold under the name Inmac Insignia." On October 15 of that same year the WSJ reported the results of a survey of computer buyers which revealed that the buyers were, on average, willing to pay a premium of $295 for an IBM computer. Reconcile the fact that buyers are willing to pay more for IBMs with the fact that IBM is willing to sell its computers under the name of the Inmac Corp
Devise a hypothetical business situation in which buying a look back.
Illustrate what would the new price also output in the market be. Illustrate what would the new level of output for the typical firm be.
Explain the difference between adverse selections also moral hazard in insurance marketplaces.
Decide whether the Demand for paint is elastic, unitary elastic or inelastic. Elucidate your reasoning also interpret your results.
All farmers in Trivialand are self - employed and sell all of their wares to Super Duper. Elucidate the costs incurred by all of Trivialand's busines.
Write down an expression describing total income from tickets plus popcorn plus other concessions. Forecast total incomes for regular also special Tuesday-night pricing.
Assume that the central bank takes the drastic strategy in part 1, but that the private sector has rational expectations.
Illustrate what is the value of goods and services purchased by the government of Numidia.
What is the equation for the AS curve. What restrictions on the parameters do we need to ensure that AS curve has a positive and nite slope.
Illustrate what is the economy's MPC? It's MPS. Illustrate what was the APC before the increase in disposable income.
Illustrate what evidence does GI present to support the view that Canada had entered a recession
Pharmaceutical drugs have an inelastic demand, as well as computers have an elastic demand.
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