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Need an exit strategy for a start up plumbing business that I own 51% with 7 additional investors.
Describe and discuss your price elasticities for such products and discuss the movement of your demand for such a good when the price of that good rises. Share with your classmates whether your demand for the selected good is elastic, unit elastic, o..
If a competitive firm's marginal profit is positive at an output of 1000 units,
what happens to gross debt as a percentage of GDP. Elucidate what happens to the level of debt held by the public as a percentage of GDP.
As Bavarian Crystal Works is only one for many crystal producers in the world market, it can wholesale as many of the decanters as it wishes for $50 apiece.
Suppose a researcher has one nominal-scaled variable with two categories (e.g. gender) and one ordinal-scaled variable (e.g. preference ranking for car models)
Suppose a consumer is at an optimum, consuming 6 hamburgers a week at a price of $1.50 each and 10 donuts a week at 50 cents a donut.
A firm operates in the short run with the production function q = 2L0.5 and faces the demand schedule p = 60 - 4q where p is price in pounds.
Given that p bar=0.57?, n=100?, and a=0.10, answer the following questions. a. Determine the critical? value(s) of the test statistic.
q1. which of the following is not a possible explanation as to why wage inequality increased markedly over the last 40
Why did the ban effect the price? Illustrate using a figure and explain. Show the welfare effects in your figure. Use a table to show who gains or loses.
Consider a simple random sample of 17 adults. Find the probability that the number of smokers in the sample will be between 5 and 9, inclusive.
Suppose two countries, A and B, with the same production function Y = K? L 1?? . The value of ? is 0.30, the growth rate of population is 2% and the depreciation rate is 5%. Compare both economies to the Golden Rule.
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