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Suppose the demand function for ginger ale is: Q = 20 - 2P. a.) If the price were increased from $5 to $6 what would happen to total revenue? b.) Calculate arc elasticity at the interval between P=$5 and P=$6 c.) Calculate point price elasticity a a price of $3 and calculate the point price elasticity at a point of $9. Is the demand price elastic or inelastic at these points? d.) At which price would a change in price and quantity result in no change in total revenue?
assume that isoland has a closed economy. Isoland national investment is $50,000,000, its private saving is $60,000,000 and its taxes minus transfer payment equal $65,000,000. Explain how much are islonad's government purchases.
Competition in the market is such that each of the firms independently produces a quantity of output.
Elucidate how formal organizations have evolved over the past century. What differences were there in organizations a century ago, compared to today's organizations.
Some economists argue that it is possible to raise the standard of living by reducing population growth.
If capital gains tax is on nominal gains, Explain how much tax Sally pays on her gain. Calculate Kelly's capital gains if tax is on real gains.
You have been asked by your supervisor to evaluate a new proposal designed to cut costs. Under the plan, workers would be paid a fixed wage of $8 per hour.
Elucidate how the relative composition of M1 changed since 1965. Do your best to explain why this change has occurred.
Small country Alpha exports lumber products obtained by cutting Alpha's forests. Cutting the forests creates negative external effects in Alpha.
Converse the positive also negative contributions of FDI inflow to the competitive benefit of host countries with regard to the subsequent matters
Each station's objective is to maximize its viewing audience, in order to maximize the station advertising revenue.
Illustrate what is the unemployment rate. Karen sharpens knives in her spare time for extra income.
Describe the four successful round of venture financing (Through D) achieved by spatial Technology in terms of sources also amounts.
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