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In this discussion forum, address the following:
Data source: The US Bureau of Transportation Statistics supplies a wealth of airline data.
Prices are, of course, another piece of this puzzle. RITA provides a table of national fares. Find these under Data and Statistics/Air Fares Data/National Level Fares since 1995. Use the quarterly data, U.S. Average (Inflation-Adjusted $).
A few airline terms will be helpful. Airline supply is usually measured in Available Seat Miles (ASM). Measures of demand are Revenue Passenger Miles (RPM) and Enplanements. Passenger Load Factor is yet another indication of demand. Should you ever wish to do more research, perhaps for the GCP, the BTS has all the airline statistics you will probably ever need.
How will the rice growers' producer surplus be impacted by TPP? How will US consumers be impacted by TPP? What favorable impacts are expected to be seen by Japanese consumers?
Suppose that the market for sweaters is perfectly competitive. The graph below shows the cost curves of a typical manufacturer in the market. Use the blue rectangle (circle symbols) to shade the profit that the manufacturer makes at a market price..
Utilities which operate nuclear power plants are required to placefunds into a "Nuclear Decommissioning Fund" in order to be surethat adequate funds are available to decommission the plant at theend of its useful life.
Explain why a short run average cost curve only touches the long run average cost curve at one point on the long run average curve. define clearly the concept of returns to scale.
In the model of a dominant company, assume that the fringe supply curve is given through Q = -1 + 0.2P, where P is market price and Q is output. Demand is given by Q = 11 - P.
Illustrate what should it do in the short run. Restricting the issuance of Federal Reserve Notes because paper money is the largest portion of the money supply.
Suppose as well, that all voters favoring liberal candidates will vote, while only 50% of those favoring conservative candidates will vote. Create a graph to show how the political equilibrium will differ from an election in which all citizens vot..
The Mor Tex Company assembles Garments by hand even though a textile machine exists that can assemble garments faster than a human.
Illustrate what are some advantages of a unionized organization. What are some disadvantages.
Discuss whether or not workers are exploited in manufacturing of US imports. In your response consider whether they are better off in that type of job or an alternative.
In trade negotiations with the Japanese over the large US trade deficit with Japan, the US administration has urged the Japanese government to undertake a more expansionary fiscal policy. Explain how this might affect the US trade deficit with Jap..
Explain why it is important to understand visitors to your site who are not your customers and visitors who do not return.
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