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Discuss some of the effects of the economic downturn on supply, demand, inferior goods, complimentary goods, substitute goods, and price.
Suppose you have been employed by FIFA to recommend on the pricing of tickets for the World Cup Final on 11th July 2010 to be played at Soccer City Johannesburg,
The Quik Service Walk In Clinic always has three M.D. and 8 R.N.s working at its 24 hour clinic, which serves consumers with minor emergencies and ailments.
David Ding advertises on a local radio station. For last 6-weeks, the manager has kept records of the number of minutes of advertising that were bought, and the sales for that week.
The law of diminishing marginal productivity states that as more and more of a variable input is added to an existing fixed input,
A company is planning two business projects. Project A will return a loss of $45 if conditions are poor; a profit of $35 if conditions are good; and a profit of $155 if conditions are excellent.
What is meant by the demand for money? Which way does the demand curve for money slope? Why? Your response should be at least 75 words in length.
Ms. Smith, owner and manager of the Clear Duplicating Service located near a major university, is contemplating keeping her shop open after 4 pm.
Assume that the demand for a gas station is given as PD = 2.06 - .00025QD. The marginal cost is $1.31 per gallon. At his current $1.69 price,
Assume a risk-free asset has a 5% return and a second asset has an expected return of 13% with a standard deviation of 23 percent.
What is the socially optimal output of steel, taking into consideration the social (not just private) cost of steel production and how much output would a perfectly competitive industry produce in the absence of emission fees
Say there is a natural disaster which wipes out all of tomato plantation of one country. so there is a drastic increase in the price say from $6 to $15 a kilo
A 3*9 FRA has an agreement rate of 4.75 percent. You believe 6M libor in 3M will be 5.125 percent. You decide to take a speculative position in a FRA with a $1,000,000 notional value
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