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Suppose that during the past year tv fell from $2000 to $1800 per tv sales increased from 700000 to 800000 tv. calculate elasticity of demand. follow steps find original quantity new quantity average quantity change in quantity percentage change. original price, new price, average price, change in price, percentage change
This decision shows that Gene is: more interested in earning high profits than achieving security. motivated by his desire to quickly begin operations with a minimum of effort. not a self-motivated individual. afraid to get int..
The type of manuscript for this book was typed for free by a friend. Had I hired a secretary to do the same job.
Evan gets twice as much marginal utility from an additional bottle of water than from an additional bottle of soda.
What would be drain on U.S. GDP (as a percentage) from paying interest on net foreign debt. What if net foreign debt were 100 percent of GDP? Size of its foreign debt.
Illustrate what kind of gap-inflationary or recessionary-will the economy face after the shock, and what type of fiscal policies, giving specific examples, would help move the economy back to potential output.
Advanced analysis) Answer the next question(s) on the basis of the following consumption schedule: C = 20 + .9Y, where C is consumption and Y is disposable income. REfer to this data. At an $800 level of disposable income, the level of savings is:
Elucidate why is presidential power "conditional"-that is, why it affected so substantially by circumstance, the makeup of Congress, and popular support.
If Price elasticity of demand for restaurant meals is 2.27 and restaurant meals wants to increase slaes by 45% by illustrate what percentages would the price have to decrease to get the intended resualts.
Illustrate what would the new price also output in the market be. Illustrate what would the new level of output for the typical firm be.
Elucidate how has the number of payroll jobs changed over the last 3 months and over last year in Antigua and Barbuda.
Assume to there are two segments to the market for rental cars. The Demand for rental cars by trade travelers
Suppose you were provided a gift of a gold mine that generates $1,000 of net income every year, indefinitely. And suppose equilibrium rate of interest is 5 percent. Illustrate what is present value of that gold mine.
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