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Q. (Qx) = 12,000 - 5,000Px + 5I + 500Pc where Px is cost charged for novels, I is income per capita and Pc is cost of books from competing publishers. Illustrate what effect a cost increase would have on total revenues. Evaluate how sale of novels would change during a period of rising incomes. Assess probable impact if competing publishers raise their costs.
Assume that initial values of Px, I and Pc are $5, $ 10,000 and $ 6, respectively
Subsequently the customer paid the balance on 22 October 2012. To customer the Credit terms offered.
Suppose that you save all of your money to spend next year. Explain how much will you be able to spend next year. How much will you be able to spend this year.
Assume you are part of a research team evaluating a proposal to clean up a dangerous squander site.
He drove this car until 2003 when he bought a Honda Civic for $18,000. If the price index in 1969 was 36.7 and the price index in 2006 was 180, Illustrate what is the price of the Dodge Dart in 2006 dollars.
Conclude which economic indicators the Federal Reserve should examine so it can better stabilize this particular economy.
The developing country uses the $100 bank balance to import $100 worth of food from the United States (US).
Domestic produces often base their claim for import protection on the fact that workers in country X are paid substandard t wages.
Elucidate how you arrived at your answer and be sure to show all your calculations. Explain how many units of output will the firm produce at a price of $100 per unit
Give an example of a government created monopoly. Is creating this monopoly necessarily bad public policy?
Describe a skimming price and a penetration price, and advise them whether they should charge a skimming price or a penetration price, with supportive reasoning for and against each pricing alternative.
If a portion of the loans extended by commercial banks is taken as cash rather than as checkable deposits, the maximum money-creating potential of the commercial banking system will.
Illustrate what does your organization or an organization with which you are familiar consider opportunity costs when evaluating strategic opportunities.
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