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Show the effect of each of the following events on the market for coffee by stating 1) if the equilibrium price went up, down, or stayed the same and 2) if the equilibrium quantity went up, down, or stayed the same:
a) A new study finds that coffee is good for the heart, reducing cholesterol if consumed daily.
b) The price of tea decreases substantially – assume that tea is a substitute for coffee.
c) Wages increase substantially in countries that grow coffee beans.
d) A fertilizer that increases the yield per acre of coffee beans is discovered.
e) A tropical storm destroys a large percentage of the Columbian coffee bean crop, a major source of coffee for the U.S. market.
Assume you want to test the null hypothesis that the mean value of the bill in the box is 9 against the alternative that it is less than 9.
Suppose a Sears coupon bond sells at a discount from face value. Is the coupon rate higher or lower than the current yield? Explain. B. Is the yield to maturity greater or lower than the current yield?
What is the relationship between a firm's total revenue, profit, and total cost and define economies of scale and explain why they might arise. Define diseconomies of scale and explain why they might arise.
q. the credit card market has grown increasingly competitive. to maintain customer satisfaction banks that issue credit
Does aggregate accounting enable us to measure also analyze how much a nation is producing also consuming.
Suppose the state is trying to decide how many miles of a very scenic river it should preserve.
Economics essay-a brief paper about three pages in length also concisely analyze a contemporary problem illustrating in the marketplace.
What is the equilibrium price? What is the equilibrium quantity? (d.) If the market price is $5 will there be a surplus or a shortage? Of how much?
Choose three of the most effective alternative methods of government finance. Provide a rationale for your choices by explaining why they are the most effective methods, and analyze their impact on the economy.
Are the dual goals of economic development and the reduction of population pressure on the envrionment compatible or conflicting objectives?
South Korea can produce a maximum of 600 million toaster ovens or 900 million tons of rice per year. The U.S. can produce a maximum of 700 million toaster ovens or 1,000 million tons of rice per year.
q1. assume the supply of money graph. if reserve prerequisite before the shift was 10 as well as the fed adjusted the
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