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The price of a dozen eggs was $1.50 in 2012.
a. In 2013, the price decreases to $1.47. What is the percentage change from 2012 to 2013?
b. Egg economists forecast that egg prices will rise 20% from 2012 to 2014. What is the anticipated price of eggs in 2014?
c. The price of an 18-pack of eggs is projected to be $2.40 in 2014. Suppose you’re writing some long-term egg contracts subject to the eventual 2014 market prices and you want to get the most eggs per dollar. Find and compare the eggs per dollar price for the dozen and 18-packs in 2014 given the projected prices.
Illustrate what are the laws governing "involuntary treatment" in state of Pennsylvania? Describe the process who makes the decisions, how long the treatment can last, etc, for state of PA.
Illustrate what is profit-maximizing level of price and quantity for this monopolist. Illustrate what will profits be at this price and output level.
Both banks that each of their entire $20 million loan package will be written off as bad loans. Will any of the two banks survive this crisis? Explain carefully.
Suppose instead that the station seeks to maximize its profit from sales of the DVDs. Illustrate what price should it charge. How many DVDs should it order from which supplier.
Assume that the supply of soda is more elastic than the demand for soda. Using a supply and demand diagram and a "tax wedge," show whether the buyers or the sellers will bear the bigger burden of a soda tax.
Then make an argument for why the government may still prefer using the other approach.
Considering the five (5) forces of competition, choose the two (2) that you estimate are the most significant for the corporation you chose. Evaluate how well the company has addressed these two (2) forces in the recent past.
the participation rate 60 percent, 200 million people 16 years or older are not in the labor force. How many people are in the working-age population in this economy?
Treasury funds national debt by a mix of T-bills, T-notes, and T-bonds with maturities of 10-30 years. During President Clinton's administration Treasury proposed that by issuing more T-bills
Using a wholesale price of $4 per case in each state, calculate the breakeven output quantities for each alternative.
What should be the production level if the producer operates in a monopolistic competitive market where the price of software at each possible quantity is also listed above?
Explain why does it matter which particular mix of price and quantity is selected.
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