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To receive full credit for this assignment, you must post two well developed paragraphs in this forum where you respond to these 2 questions:
1. "From your experience, and with your knowledge of the components of supply and demand, do you think it is possible to manipulate the equilibrium price? Do you have any examples of such behavior? (In other words, is the market price always determined by the confrontation of supply and demand?)" Discuss.
2. "Why is it important for a company to estimate demand and how does demand estimation affect planning? Explain using an example." Discuss.
A firm is making a long-run planning decision. It wants to decide on the optimal size of plant and labor force. It is considering building a medium-sized plant and hiring 100 workers.
The federal government recently ran a budget surplus, but has since returned to running a budget deficit. Explain why reducing the budget deficit can cause short-term pain in the form of lower employment, higher unemployment, and a recession.
The economy begins in long-run equilibrium. Then one day, the president appoints a new chairman of the Federal Reserve. This new chairman is well-known for his view that inflation is not a major problem for an economy.
financing or leasing a new car. new dodge ram 2500 4x4 quad cab cash price 48000. suppose that chrysler is also
How much output should be produced in each plant to maximize profit?
A farmer just purchased a tractor for which he had to borrow $20,000. The bank, using an 8% interest rate, offered a choice of three payment plans as shown below. The farmer’s Minimum Attractive Rate of Return (MARR) is 15%.
1. when the government increases taxes to provide traditional public goods such national security there tends to bea.
Discover out the (Maintenance) Margin Requirement for Future Account for some Brokers (Clearing House). Site your source(s) and provide a printout if from the web. Discover the OPEN interest for some delivery date maintenance
An individual is considering the purchase of a used car. Total amount of the car is $10,400 and requires $2,400 as a down payment and the balance need to be paid in 60 equal monthly payments with an effective interest rate of 12% per year compounded ..
draw a graph of the value function used in prospect theory. carefully label the graph and explain each part of it and
Discuss the pros and cons of such a policy from a short-run versus a long-run perspective. Also, include a discussion of the Phillips curve in your analysis.
In the floating rate model, a change in the exchange rate is supposed to adjust NX(net exports), until the economy reaches an equilibrium state. However, evidence shows that the exchange rate adjustment process takes years.
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