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How do the following activities contribute to the US Economy?
1) a teenager mowed the family lawn, otherwise the family would have hired someone for $100
2) An appliance store finally sold for $2,000, a stereo set that had been sitting in its warehouse for two years.
3) Last week a business produced $16,000 worth of consumer goods but sold only $600 worth.
q1. write the economic analysis section of a business proposal. this will include statements about the market structure
Walmarts decision in 1994 to continue operating stores in specific cities in Mexico when other firms were pulling out would be classified as
Calculate the arc cross-price elasticity of demand for JJT's deluxe garment bag. B. JJT's deluxe garment bag sales recovered from 4,800 units to 6,000 units following a price reduction to $130 per unit.
Assume that there are two identical firms in an industry, each producing the same good at the same constant marginal cost of $60. Make a table, similar to the one we made in class, for the Bertrand, Cournot and Monopoly models, showing the following:..
Which of the subsequent is directly included in the calculation of the GDP?
1. you are a manager for a regional health system. using an estimate of the price elasticity of demand of -0.25 how
A firm has the production function y = x1^1/2 * x2. In the short run it must use exactly 15 units of factor 2. The price of factor 1 is $75 per unit and the price of factor 2 is $2 per unit. Derive the firm’s short-run marginal cost function.
Please explain impact on economy of Government spending on Health care on interest rates, investments, employment and income in economy. Please follow sequence in question. Explain how interrelationships.
Draw a correctly labeled market graph that illustrates an effective legal limit (floor) on prices. Identify the quantity demanded, the quantity supplied, and the size of the resulting surplus or shortage. Draw a correctly labeled market graph that il..
It comes to global expansion and setting up affiliates aboard, how is a service company's focus different from that of a manufacturing company
The Diamond Outlet has current earnings per share of $1.96 and an expected earnings growth rate of 2.2%, the required return on the stock is 13% and current book value per share is $12.70. What is the current market value of this stock?
Suppose the market demand function (expressed in dollars) for a normal product is P = 480 – 4q and the marginal cost of producing it is MC = 2q, where P is the price of the product and q is the quantity demanded or supplied. How much would be supplie..
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