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Your boss offers you a wage increase of 10 percent. Is it possible that you are worse off with the wage increase than you were before? Elucidate your answer using proper economic terms and analysis.
Assuming a linear demand relationship determine the demand equation for cigarettes. Show all your calculations. Determine the nature of the Return to Scale as exhibited by the above production function.
Select any low income country (or countries) on which you can find data on the following (a web search should yield you the required information)
The demand function for VCRs has been estimated to be Qv = 123 - 1.7Pt + 46 Pm - 2.1Pv -5M, where Qv is the quantity of VCRs,Pt is the price of a videocassette, pmis the price of a movie, Pv is the price of a VCR, and M is income.
15 page term paper on International Business from economic view point. The topic is effect of corruption on Chinese and Indian economy and how India's IT sector (or could be any other sector in which compared to China the corruption is less) is ab..
Illustrate what is the point price elasticity for each person and for the market.
Changes in government spending and interest rates
A hearing is scheduled for your company to present arguments that your firm has not increased its market power through the merger. Can you do this and how. What evidence might you bring to the hearing?
What is the inflation rate in Home? In Foreign? What is the rate of change in the nominal exchange rate? Which currency is expected to appreciate? At what rate? Explain.
By how much will each firm reduce its SO2 output? Which firm will buy permits, which firm will sell them, and how many permits will be exchanged?
Discuss the limitations of this model as an explanation of the effects of government expenditure on GDP.
how percapita income fiscal policy laws local economies and census data affect the ability to fund governmental functions.
Joe Donaldson deposited $80,000 in his new business. Prepare all entries related to above transactions.
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