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Suppose you are a painter and the price of a gallon of paint increases from $3.00 a gallon to $3.50 a gallon. Your usage of paint drops from 35gallons a month to 20 gallons a month. Perform them following: Compute the price elasticity of demand for paint and show your calculations.
Explain how does the state of the economy affect federal budget. Explain how can macroeconomic variables inter-relate to each other.
If a series of tornados damages factories and infrastructure in the industrial regions of the United State, a short term consequence is that
Illustrate what is the internal rate of return for the college investment that this person faces. Write out the equation used to evaluate the net benefit.
Explain the level of resource misallocation comparing the outcome under the Monopoly situation with the outcome under perfect competition
Explain how would you estimate additional dollar cost of adding sales people? How is the expected net revenue generated by adding.
Elucidate the macroeconomic and microeconomic concepts and how they relate to the management of a global organization.
By how much has the Franc enchanced or depreciated against the dollar.
Elucidate the difference among structure and conduct compare these concepts under the two legal systems.
Discuss the limitations of relying on random experiments to evaluate policy impacts and validity of experiments that are actually conducted, and two reasons that it is often not feasible to conduct random experiments in practice.
As per increases in population and income growth that expanded demand for housing, the price of existing houses barely increased. Why. Illustrate answer with supply and demand curves.
Explain the method that you would use in your establishment also explain why you have made this decision.
Utilizing demand and supply analysis to assist you, what are the effects on the exchange rate between the British pound and the Japanese.
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