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Gasoline prices typically rise during the summer, a time of heavy tourist traffic. A “street talk” feature on a radio station sought tourist reaction to higher gasoline prices. Here was one response: “I don’t like ’em [the higher prices] much. I think the gas companies just use any excuse to jack up prices, and they’re doing it again now.” How does this tourist’s perspective differ from that of economists who use the model of demand and supply?
Explain your answer the economy experiences an unexpected recession; the price of Good Z increases. The price of Good Y increases; the price of Good Z increases.
Illustrate what are the levels of income every worker also consumption every worker at the initial period. Remembering that the change in the capital stock is investment less depreciation.
Expalin why is the depreciation of capital good a cost of society
The payoff to a company that enters is its gross profit minus its entry cost, while the payoff to a company that does not enter is 60. Find a symmetric Nash equilibrium in mixed strategies.
Elucidate the concept of the opportunity cost. your answer could consider opportunity cost in the context of the production possiblity curve.
Discuss impact of social wefare and idustrial policy initiatives on organization and the wider community in sri lanka. Explain how does risk sharing benefit both financial intermediaries and private investors.
Calculate lim x?0- f'(x) and lim x0+ f'(x). Calculate f''(x), and find any inflection points and the intervals on which f(x) is concave up and concave down.
Discuss the social and economic effects of colonization? How did it contribute the “Price revolution”?
Assume that the central bank takes the drastic strategy in part 1, but that the private sector has rational expectations.
if they use a regulation should they allow for pollution permits? explain the benefits and detriments of each form of control. what would you recommend?
Miller and Coors who together produce 85% of all beer consumed in the US, each spend well over $250 million a year on television advertising campaigns, promoting their beer brands.
How may a firm achieve competitive advantage? Consider strategies of cost leadership, benefit leadership, and degrees of focus.
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