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What effect, if any, does each of the following events have on the price elasticity of demand for corporate-owned jets? a. Reduced corporate earnings lead to cuts in travel budgets and increase the share of expenditures on corporate jet travel. b. Further deregulation of the commercial airlines industry substantially increases the variety of departure times and destinations offered by commercial airlines. c. The cost of manufacturing corporate jets rises. d. A new, much more fuel-efficient corporate jet is introduced.
Which of the subsequent is always true after an economy reaches balanced growth equilibrium.
Which of the two nations has better prospects for the future and why. Provide a reasoned opinion.
Illustrates what have presidents justified under principles of "immediate needs of nation" and a mandate from people.
Clarke's workers are highly skilled artisans with a great deal of job mobility. What impact would the wage increase have upon the firm's employment.
Consider the general equilibrium model on local public goods that we discussed in class. We found that the optimal population size
Illustrate what is your suggested mix of pricing also non-pricing strategies
Is the student necessarily better or worse off than before from such a transfer implied by consultant A.
A study noted that they charged a price for local telephone services that was roughly one-half of its cost of providing the services.
Illustrate what is the airline's profit-maximizing fare? How many passengers does it carry per week, using how many flights.
In 2012, Balnur taught music and earned $20,000. She also earned $4,000 by renting out her basement. On January 1, 2013, she quit teaching, stopped renting out her basement, and began to use it as the office for her new Web site design business.
If average worker produces $70,000 of GDP, by how much will GDP increase if re are 140 million labour force participants and unemployment rate drops from 5.2 to 4.5 percent.
Imagine that last year, Jennifer earned $80,000 in salary, and consumed $50,000 in goods and $23,000 in services. How could we best categorize the remaining $7,000.
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