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Prepare a short paper which relates how specific material from economic course where we cover supply and demand, elasticity and etc. that is covered in economics class, could help you make more effective decisions for advertising agency. I am looking for something specific, not the generality that knowing economics is helpful. Choose something that has already occurred or may occur in the future. To reinforce your self assessment, include some external documentation in which some other business decision maker encountered a similar situation.
Discuss, relating in part whether such highways are public goods and whether or not privatization should work.
Let the market demand for rye bread be given by Q = 500 + I - 250P rye + 400P wheat , where Q is monthly demand in number of loaves, I is average monthly income in dollars
What is the hypothesized elasticity of demand for one product/service that is produced by the company (or a product/company you are familiar with)?
Use aggregate demand (AD) and aggregate supply (AS) model in which the short run aggregate supply curve slopes upwards to illustrate the equilibrium level of real GDP and prices if the economy is operating:
Suppose that American households change their tastes such that they want to save more at every level of income.
Discuss the advantages and/or disadvantages of distributing marketable pesticide permits to each farm operating in the watershed equal to 40% of its current level of use of that pesticide, versus simply ordering each farm to reduce pesticide use t..
Suppose in country Triniland employers are required to pay overtime at 50% above the normal wage rate for workers who work beyond 8 hours a day.
Questions on Long-Run Labor Demand and Factor Substitutability, Own-price elasticity, Cross-price elasticity
Provide an update on the economy-where is unemployment, what is the outlook for the deficit, what are the overall predictions for 2010 - 2012?
List four reasons why analyzing the economy is not as precise as the multiplier model makes it appear.
The government imposes a fixed fee per year on each firm operating in a competitive market.
Shelly's preferences for consumption and leisure can be expressed as. This utility function implies that shelly's marginal utility of leisure is C-200 and her marginal utility of consumption is L-80.
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