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Florida Citrus Mutual, an agricultural cooperative association for citrus growers in Florida, needs to predict what will happen to the price and output of Florida oranges under the conditions below. What are you predictions? For each part, sketch a graph showing the appropriate demand and supply analysis.A. A major freeze destroys a large number of the orange trees in FloridaB. The scientists in the agricultural extension service of the University of Florida discover a way to double the number of oranges produced by each orange tree.C. The American Medical Association announces that drinking orange juice can reduce the risk of heart attack.D. The price of Florida grapefruit falls.
Consider the following data on US GDP-What was the grwoth rate of the GDP deflator between 1999 and 2000?
Explain why you would be more or less willing to buy a share of Apple Computers stock in the following situations:
Illustrate what would be a good company with a product or service that would be worthy of further exploration down the line and why.
Illustrate what fiscal policy or policies would be the best to get it out of the recession
Assuming a linear demand relationship determine the demand equation for cigarettes. Show all your calculations. Determine the nature of the Return to Scale as exhibited by the above production function.
Elucidate what would have been the economic effects of this. Describe the pros and cons.
How large is the desired fiscal stimulus. Explain by how much do income taxes have to be raised to get that restraint.
Elucidate why population growth has such a negative impact on economic growth in the Malthusian and Neoclassical growth models.
Elucidate the increasing returns to scale as a basis for international trade. Be sure that you define the relevant concepts, describe important features of such trade, and contrast these features with those of trade due to other causes.
the present market conditions for the Xerox corp by addressing the price elasticity of demand for the company.
Prepare a demand schedule for both demand curves and prepare them on an Excel graph. Calculate the marginal revenue for each.
Assume that there're 10 million workers in Canada and South Korea and each worker in Canada and South Korea can manufacture four cars per year.
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