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Debbie listens only to Frank Zappa or Weird Al Yankovic. She currently buys 10 Zappa and 20 Yankovic downloads per month. She would forgo Yankovic downloads for Zappa downloads at the rate of 2-to-1 whenever she has more Yankovic tunes than Zappas, but would forego only 1 Yankovic when the opposite is true. If you offered her 20 Zappa's next month, how many Yankovic downloads would she need to remain at the same level of tune-age satisfaction?
Well, you kind of need a launch point so let's assume that she has only done this for one month so she would have 10 Zappas and 20 Yankovics when you made the offer.
Zappa Offered
Zappa on Hand
Yankovic on Hand
Purchased
1
10
20
2
The demand for energy in the United States is often described as persistently non-cyclical and not sensitive to prices effects. Describe the effect of each of the following on the demand or supply for gasoline. Further indicate the likely direction in the amount of gasoline exchanged AND the expected market price when:
a. domestic incomes increaseb. the price of natural gas declinesc. A new refinery is built and comes into service.d. The average price of automobiles declines.
Jen left a job paying $75,000 per year to start her own florist shop in a building she owns. The market value of the building is $100,000. She pays $30,000 per year for flowers and other supplies
Suppose as your company's lobbyist, what would you like to see done through Federal government that would be of help to your company? This could be what government could do or what they could stop doing this.
Government spending is often too small to have the impact that governments usually want to see on the economy. However, something occurs in the economy after the initial government injection which makes the end result much larger.
a. What are your views regarding economic forecasting? In particular, share any experiences you may have had with business forecasts for company budgets. b. Discuss some of the important criticisms of the forecasting.
as an international economist you have been asked to prepare a short speech which answers the following questionshow
1. construct the coutrnot profit function. differentiate this function and solve for the reaction functions of firm one
As we all know that at present it is not legal for parents who wish to adopt a child to pay the birth mother for, or to offer to pay for, the babies they adopt.
Consider a portfolio of three assets (A,B,C). Denote the expected returns on each asset as rA; rB; rC, respectively. Denote variances and covariance similarly. Suppose the investor will accept a maximum portfolio variance of X.
Recall the best supervisor or boss ever worked for and the worst one you ever worked for . Compare these two people in terms of their management skills and ability to perform the four management functions.
When the product demand curve is Q = 130 - 20P, and price is increased from P1= $4 to P2= $6,the arc price elasticity of demand is:
Using the production function shown above, compute real GDP for each case and capital is constant but labour is increasing. What property of the production function is displayed? Explain.
Assume you're the manager of Alpha Enterprises, a firm that holds the patent that makes it the exclusive manufacturer of bubble memory chips. Based on the estimates provided by the consultant
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