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Suppose a new drug can cure cancer. It costs a few cents to make the pill, and one pill can stop a malignant growth with zero side effects. The drug goes on sale for a few cents a pill, and although the manufacturer makes millions, the money value of the produc- tion is tiny. Is it right that GDP has not really changed much? What would the price index, both before and after the invention and sale of the drug, look like?
the demand curve as seen by the firm varies with the structure of the relevant market. what is the structure for a
How many units of bananas would he consume if he chose the bundle that maximized his utility subject to his budget constraint?
The relationship between the less- developed- countries and the developed countries in the evolution of international trade has always been a bit strained. Discuss this relationship, including policies adopted and /or advocated by each group to "help..
1. the profitability of the leading cola syrup manufacturers pepsico and coca-colaand of the bottlers in the cola
It has now become common for firms situating assembly plants to make states compete for their industry; states and local governments often race to offer most generous tax profits.
find examples in the current business news media of how ebay and other online sellers obtain information about the price elasticity of demand by making unannounced temporary adjustments to thier prices and fee structures
Why does the assumption of independence of risks matter in the examples of insurance? What would happen to premiums if the probabilities of houses burning were positively correlated?
Discuss and explain how coaching rather than managing people can enhance a leader's understanding of RQ and therefore provide a better understanding of their followers.
Presume the interest parity condition holds and that the domestic interest rate is greater than the foreign interest rate. What does this imply about the current versus future expected exchange rate? Describe.
Create a Simple Employment Relationship Contract as though you are the owner/employer - Give an overview of the parties.
it is an important tradition in the santos family that that they eat the same meal at their favorite restaurant every
Would your answer change if firms A and B had somewhat greater fixed costs of production than firms C and D?
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