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The new Week 5 Discussion question. The current labor force is faced with a new opportunity....Giganomics . Take the time to do your own research on this concept, then address the following questions, responding with your own original ideas and positions on the topic. Follow all the basic expectations for any weekly posting. You will not have to address the previous question that is posted....ignore it ...please. Thank you...and have fun.
Assume the supply for good x is estimated. Is good x storable. Explain it numerically the data you are using to suppor answer.
How does United States compare to the other two countries you chose in the high-income group, middle-income group, and low-income group?
Suppose the relationships hold true and given performance below, what salary would you estimate for each player in 2006.
Why do you think the FED evaluates the money multiplier when making decisions with regard to the money supply What function does the money supply serve in our economy to influence certain economic variables
Consider a homogenous-product Cournot duopoly model in which Q is the market output-Determine the best-response function for each firm. Draw a diagram showing the two best-response functions.
Using above demanded schedule, find out the elasticity of demand for each price change. (Example: when price changes from $5 to $10, quantity demanded changes from 1000 to 800 oz., so the elasticity of demand, by using average values, is 1/3 or 0...
Determine whether returns to scale are decreasing
Illustrate what will happen to the input prices wages (w) and rental rate of capital (r) after this change in technology.
The manager of a car wash in Washington charges Alabama residents $10. The manager believes that the price elasticity of demand of Alabamans is -1.5. The manager is considering offering senior citizen discounts. How much should the manager charge if ..
2. Compute and identify the import (or export) amount on the above diagram. It will be helpful to use a horizontal line to indicate the world price. 3. Between consumers and producers in Econia, which benefits from opening Econia to trade
since november 2011 the reserve bank has lowered the cash rate on eight separate occasions from 4.75 to 2.5. clearly
Make a monthly sales forecast for the firm for 2001. Why would the managers of the Chemical Company want monthly sales forecasts of this kind.
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