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Using the six general trends of the general environment- Economic trends; Sociocultural trends; Political /Legal trends; Global trends; Technological trends; Demographic trends. Give a hypothetical example of how each trend could affect a small business. Be specific in what the business in each example produces or services. (Suggested length: 300 to 400 words)
A given increase in aggregate demand has a larger effect on national income the less steeply do unit costs rise with increases in production. is this statement true or false .why ?
Monetarists argue that:
If pasta is an inferior good and if the price of pasta increases, the income effect _____________ the quantity demanded, and the substitution effect ___________ the quantity demanded.
Why do you suppose R was included in the equation as a variable? If you were a supplier to the furniture manufacturer.
Essay identifying and describing two markets of your choosing; the first characterized by an elastic demand and the second one by an inelastic demand. Indicate why your choices have the relative elasticities they do.
q1. assume that a leader country has real gdp per capita of 40000 whereas a follower country has a real gdp per capita
Susan and Stan Collins live in Iowa, are married and have two children ages 6 and 10. In 2014, Susan adjusted gross income is $38,000 and Stan is $12,000 and both are self-employed. They also have $500 in interest income from tax-exempt bonds. The Co..
Explain how much output should be produced in palnt 1 in order to maximize profits. Illustrate what price should be charged to maximize profits.
banking on the chinese internet.net bank limited is a start-up internet bank seeking to develop a worldwide clientele.
What effect on market labor in tablet company manufacturing industry if Congress bought more tablets for US college students, more college students major in engineering and computer science, and computer firms build more manufacturing firms?
The terms below are measures or individual components of the money supply. Specifically considering the money supply of the United States, rank these items from largest to smallest in terms of dollar value. M2, currency, travelers checks, balances in..
Suppose that the initial loan of $20,000 and interest rate 1.2% per month. Interest due is paid at end of each month. $10,000 of the original unpaid balance is to be repaid at the end of month two and three only. How much total interest would have be..
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