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Two goods have a cross price elasticity of demand of +1.2. These goods would be described as __________.
If the price of one good increases by 5%, the demand for the other good, holding everything else the same, would change by___________.
An investment has a beta of 1.0. The risk free rate is 2% and current market return is 8%? What is the required return?
It is a commonly known idea that marketing is crucial in business because it grabs consumer's attention and brings them into a new market for their product or service. Marketing is of concern of legal and ethical representation because in many cases ..
Use the information in the table to calculate total revenue, marginal revenue, and marginal cost. Indicate the profit-maximizing level of output. If the price was $3 and fixed costs were $5, what would variable costs be? At what level of output wo..
Using information given: What is average cost of first do these of a new drug. What about marginal cost of subsequent doses? Is this consistent with behaviour of costs for an information product.
At the beginning of the year, an audio engineer quit his job and gave up a salary of $ 175,000 per year in order to start his own business, Sound Devices, Inc. What are the total explicit, total implicit, and total economic costs in 2011? What is acc..
What are the corresponding retail and wholesale prices? What would happen if the sales are switched from the retail to the wholesale and vice versa?
Using a supply and demand diagram and a "tax wedge," show whether the buyers or the sellers will bear the bigger burden of a soda tax. Please actualy draw the supply and demand diagram for a full rating!
Finds in a simple regression analysis which demand increases with an increase in advertising also falls as advertising expenditures are reduced.
what is the expected NPV for this new machine over ten years? what is the probability of a positive NPV?
In 1980, Denmark had a GDP of $70 billion (measured in U.S. dollars) and a population of 5.1 million. In 2000, Denmark had a GDP of $160 billion (measured in U.S. dollars) and a population of 5.3 million. By what percentage did Denmark’s GDP per capi..
q.jennas boss has decided to pay her a one-time bonus of 5000. she decides to save the money until she retires 4 years
Traffic at a certain intersection is 2000 cars per day. A consultant has told the city that traffic is expected to grow at a continuous rate of 4% per year. How much traffic will be expected at the end of 5 years? : P=2k, r=4% continuous comp, n=5, F..
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