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Why have soft drink firms chosen to use Aluminum cans over glass bottles to fill its contents? How does the recycling price of either glass vs. aluminum affect the cleanup of tossed containers? Does the recycle price offered on Aluminum cans over glass bottles offer these firms and added incentive to become part of this cleanup process?
What makes the market of personal computers a good example of perfect competition and what you think are the most important competitive advantages in such a perfectly competitive market?
What is a natural monopoly How does a natural monopoly lead to lower costs than would exist if there were more than one firm in an industry that is a natural monopoly
what is the difference between contractionary and expansionary fiscal policies? which is more appropriate today?
Desired consumption is Cd = 100 + 0.8Y - 500r - 0.5G, and desired investment is Id = 10 -500r. Real money demand is Md/P = Y - 2000i. Other variables are πe = 0.05, G = 200, = 1000, and M = 2100.
Both industrial unions and craft unions attempt to raise their members' wages, but each goes about it differently. Explain the diffeence in approaches and describe the impact these differences have on excess quantity of labor supplied.
What are some of the challenges faced by marketers as they attempt to define their target markets How necessary is it to fine-tune your Marketing Plan so that your target market is clearly defined and measurable
budget deficits are sometimes useful to spur consumption and thus encourage investment in business plant and equipment
When prices change, the income effect and substituion effect both contribute to the impact on quantities consumed. Explain how both effect a consumers utility maxization.
assume that four mineral water producers compete in prices in a bertrand setting. the firms differ with respect to
Using a method similar to the CPI, compute percentage change in the overall price level. Use 2011 as base year, and fix the basket at 1 karaoke machine and 3 CDs.
1. gary and diane must prepare a presentation. as part of their presentation they must do a series of calculations and
a. Graphically explain what happens to the reservation wage if someone needs to spend some of their non-labor income on day-care services in order to become employed. b. Graphically explain what happens to the reservation wage if someone experience..
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