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1) How will the following situations impact the helicopter tour business?
Using the Demand and Supply model anpredict what could happen to the demand/supply curves and to equilibrium price. Include the curves in your response.
a.The impact on the business in the event of real incomes decrease(ceteris paribus).b.The impact on the business in the event of a decrease in fuel prices(ceteris paribus)c.The impact on the business in the event of the adult population increase(ceteris paribus)
2) There, been a significant decrease in demand for a conventional line long distance calling service. Use a Demand/Supply model and the determinants of demand to provide answers:
a. What's the expected impact on the market equilibrium price for this product? Why?
b. Applying the demand determinants explain the causes of this shift.
3) What do you think be the predictable effect would be on the US medical drug market if the government imposed a price ceiling of $100 for a unit of a drug while the current market clearing price for this drug was $150?
Illustrate what additional economic questions might you be able to study that you wouldn't with a traditional brick and mortar retailer.
You are the manager of an organization in America that distributes blood to hospitals in all 50 states and the District of Columbia.
Describe the economic implications for the United States of the rise of China and India as significant economic powers.
the comparison of the percentage of change in the one variable divided by the percentage change in the other variable. An analytical technique utilized to show best case scenarios of demand and supply curves.
Is this a good model for unemployment? What would you add to study the problem more completely? What assumption does this model make regarding unemployment
Optimal consumption. The following Table describes the demand for tickets to the opera, during the two=-week season.
The maintenance price rose by 6% per year instead of the fixed amount what is the present value of the maintenance costs.
You must select between sports training or working full time. If you choose sports training, you will have less of a social life. You will also pay $20,000 A year for training, but you will get $15,00 grant.
Suppose if the discount rate for the stock is 12 percent, at what price will the stock sell.
Assuming individuals hold no cash (all cash is in bank vaults as reserves), calculate the simple money supply from the following reserves requirements and deposits in the systems. 5 Points each, 30 points subtotal
The Optimal Scam Corporation would like to see its sales grow at 20% for the foreseeable future. Its financial statements for the current year are presented below.
Illustrate what were some changes of the demand also supply fconditions that lead to the housing market bubble and collapse
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