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A consumer's willingness to pay directly measures
A) the extent to which advertising and other external forces have influenced the consumer's preference.
B) the cost of a good to the buyer.
C) how much a buyer values a good.
D) consumer surplus
q1. susie purchased a non-refundable ticket to a soccer match for 20. it will cost her 10 worth of gas and wear and
A paper mill has leaked a toxic substance (chlorine) into the ground. Fixing the leak was very expensive so the paper mill chose not to fix the leak. Once local residents and local government discovered that the toxic was contaminating local water su..
Under oligopoly if one firm in an industry significantly increases advertising expenditures in order to capture a greater market share, it is most likely that other firms in that industry.
Explain how might you make profits by purchases or sales of bonds now,with the intention to sell in a few months' time.
Assume that a industry produces 200000 units a year and sells m all for $10 each. Furthermore, assume that marginal external damage of this product is $6 per unit. How many more units of this product will free market produce than is socially.
Explain how did Flextronics' industrial park strategy enable the company to respond to national changes in relative factor costs.
How can a domestic producer determine whether or not it has a comparative advantage in the production of a good or service?
What are coral reefs Status of coral reefs Threats to coral reefs Uses of coral reefs what is a Coral Reef. Fleshy sac topped with ring of tentacles around central mouth opening what is a Coral Reef.
nasa please respond to the following analyze the methods used by nasa in itsstructured profit approach and speculate on
Suppose the demand for pizza is given by Q=40-2P and the supply of pizza is given Q=P-8. if the price of pizza is $19, Illustrate which of the subsiquent is true.
Illustrate what will happen to equilibrium price As a local cable company offers cheaper pay- per-view films, local movie theaters have more unfilled seats.
Assume that Wal-mart is the only employer of retail workers in a small town in Indiana. As a local non-discriminating monopsonist, Wal-mart faces a labor supply curve given by: E = 10W –100, where E is the number of workers hired each hour and w is t..
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