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Q1. Like supermarkets, full-service department stores like Macys are generally in decline. What factors might these types of stores have in common behind their declines? How would you determine which were important and which are not?
Q2. How do firms and individuals determine if it's worth it to
(a) Invest in capital improvements,
(b) Hire additional workers, or
(c) Decide where to work? Briefly explain.
Suppose the economy is in a recession and per capita disposable income is expected to decrease by 5%, then what percentage effect on sales would you expect to take place.
A new Taurus bought in 1994 cost $18,680 and it could have been sold as used in 1995 for $12,600.
What is the cross elasticity of demand for pipes and pipe tobacco.
Explain how much does consumption change this year in absolute dollars as a result of a $5,000 annual tax cut to your income, if the tax cut.
Wheat farmers will receive total revenues from consumers and the government totaling
Willie will receive all his operating expenses, and in addition will receive $2,000 each year for the decline in value of the automobile.
how much are households paid for providing entrepreneurial ability.
learned some of the basic principles of organization, pause and think of where you have already applied such concepts yourself
If today's production of capital goods exceeds the depreciation of capital.
Increasing the minimum wage will result in a decrease in employment for workers who now earn less than the new minimum wage.
Are you concerned that automation may increase unemployment or underemployment in the United States and around the world.
Hero Nakamura is CEO of the Cola King Bottling Company a small regional producer operating in the Pacific Northwest. Nakamura is considering two alternative expansion proposals
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