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The supply curve
Assume initially that the demand supply for premium coffees (one-pound bags) are in equilibrium. Now assume Starbucks introduces the world premium blends, demand rises substantially. Describe what will happen in this market as it moves to a new equilibrium. If a hard freeze eliminates Brazil's premium coffee crop, what will happen to the price of premium coffee?
In the late 2006 and early 2007, orange crops in Florida were smaller than expected, and the crop in California was put in a deep freeze by an Arctic cold front. As a result, the production of oranges was severely reduced. In addition, in early 2007, President George W. Bush called for the United States to reduce it gasoline consumption by 20% in the next decade. He proposed an increase in ethanol produced from corn and stalks and leaves from corn and other grasses. What is the likely impact of these two events on food prices in the United States?
Illustrate what is the price elasticity of supply for your chosen industry.
Assume two firms, A and B, serve a market with demand D(p) = 100 - p. Assume that (i) they have identical cost functions, c(Q) = 5Q,
The government imposes a fixed fee per year on each firm operating in a competitive market.
Suppose in country Triniland employers are required to pay overtime at 50% above the normal wage rate for workers who work beyond 8 hours a day.
Illustrtae the possibly changes which the "accrual" accounting or the "cash basis" could bring into the financial statements.
Elucidate what factors besides your quantitative analysis should be considered in making this decision.
This does not required to be loaded with information just basic overview with some graphs, and some notes on the history of Japan's economy and their update.
Your company is considering an investment project that will generate after-tax cash flows of $1,000 per year for the next three years (and then be scrapped, with no salvage value).
Illustrate what will be the actual dollar change in revenue and does it rise or fall.
Identify how interest rates affect the cost of operating the business-Explain how business planning and operations are dependent on monetary variables other than interest rates
Jim is considering quitting his work and utilizing his savings to start a small business. He expects that his costs will consist of a lease on the building, inventory, wages for two workers, electricity and insurance.
There is a shortage of college basketball and football tickets for some games, and a surplus occurs for other games. Explain why do shortages and surpluses exist for different games.
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