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Wal-Mart charges $20 for the new Ghostbusters DVD and sells 400 copies per month. Then they reduce their price to $18, and sell 500 per month. Assuming a linear demand curve, find the optimal price to charge if the goal is to maximize revenue. (Note: the price does not necessarily have to be $20 or $18.) Show all work.
q.this problem uses the heckscher-ohlin model to predict the direction of trade. consider the construction of handmade
The price-earnings ratio for all companies whose shares are traded on a specific stock exchange follow a normal distribution with a standard deviation of 3.8. A random sample of these companies is selected in order to estimate the population mean pri..
The Global Financial Stability Report is a semi annual report published by the International Capital Markets division of the International Monetary Fund (IMF). The report includes an assessment of the risks facing the global financial markets.
What is endogenous growth? How do endogenous growth models differ from the neoclassical models of growth? b. How do the implications of an increase in saving with regard to both the level and the growth rate of output differ between the neoclassical ..
Find out statistics on the web from 2004 to present on following indicators of the macroeconomic conditions of the U.S. economy.
Your brother wants to start a fund to provide for his son's education. He plans to deposit $1,426 at his son's first birthday and then an equal additional deposit every year for 8 years. He wants to have enough in the savings account at the end of th..
How has AccessLine financed itself to date? Why have they chosen this strategy? What have been the implications for the firm? Why is Dan Kranzler now considering raising funds from Apex Investment Partners?
You are standing in line. Think about what you would be doing if you are not in this line. The alternatives are infinite and computing the cost of them all is impossible. However, since you could only be doing one thing (not all of them) if you are n..
Once the economy reaches its potential output level, and the AD Curve, the SAS Curve, and the LAS Curve are all intersecting at the same point:
Illustrate what is the supply of dollars in the market for foreign-currency exchange. Write down your answer since you will need it to answer the next question.
You are currently using three printing presses and five employees to print 100 sales manuals per hour. If the MRTS at the point is 0.5 (capital is on the vertical axis of the isoquant map) the you would be willing to exchange _______ employees for on..
When the price of some important commodity or service rises rapidly, governments face pressure to do something about it. A variety of options are commonly considered. Governments can, and often do, subsidize the supply of goods seen as vital, commonl..
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