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If you purchased a new model of a digital camera right after it is released you will likely pay more than if you purchase it six months after release. Why is this example of price discrimination on the part of the firm?
In reference to supply and demand as well as demand and supply elasticity. What did you learn? Why is it important? How do the Economics concepts we just covered impact the economy, you and your family, your friends and your employer?
In many developing countries, government regulations and red tape impose high costs on those who officially register capital ownership. The dead capital problem that these government inefficiencies create reduces investment and growth.
A stock is expected to pay a dividend of $2.50 per share indefinitely. The stock is expected to generate a return of 8 percent in the foreseeable future. Based on this information, Compute a fair price of this stock.
An industry said to be characterized by monopolistic competition is the apparel industry. Suppose you were hired as a consultant by a firm in this industry. How would advise the firm as to the levels of output, price, input usage, and advertising?..
The root cause of most mass starvation is a lack of food production. Most mass starvation have been intentional. Mass starvation is less likely in democracies. Greater political competition is associated with higher levels of food distribution.
Using the value of MPC = 0.75, and knowing the difference between the values of expenditure multiplier and the tax multiplier), Estimate the increased level equilibrium aggregate output (RGDP) with a total tax rebate (reduction) $400 billion.
Assume that the central bank of an economy contracts the money supply.
jean invests 1000 into her employers retirement plan on 31st birthday also she continues to make annual 1000 payments
Which assumption about consumer preferences is violated in this scenario. Randy likes basketball more than football; football more than baseball; and baseball more than basketball.
If the US federal income tax deductions for mortgage interest and state and local property taxes are eliminated (with no other change in federal tax laws), many taxpayers will have to pay more tax. Describe how the tax increases would be distributed ..
"Because of unusually good growing conditions, the supply of strawberries has substantially increased." This statement indicates that:
Elizabeth just cannot live the pirate life and keep that drop-dead gorgeous complexion witheut regular spa visits. She can go to the Montego Bay Retreat for a mud facial that lasts seven weeks, costing $91, or visit the crater of Mount Pelee for a la..
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