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Q1. Suave ran ads featuring a woman with beautiful hair questioning "Suave or Matrix? Can You Tell?"
Q2. Explain how does the trade deficit affect U.S. economy? Explain how does it affect the firm or organization you work for?
Q3. 2. A convenience store pays a farmer $1.25 every pineapple. If it costs the farmer $0.15 in seeds, $0.25 in fertilizer, also $0.25 in forg1 output to grow every pineapple, Illustrate what is the value added by the farmer to every pineapple?
Explain how is world currency valued against the US dollar such as Euro and Chinese.
Suppose a duopoly and let demand be specified by P=A-BQ. In accumulation both firms have same marginal cost c. Interaction between the two firms will be frequent infinite.
Assuming that under cost controls rationing is as inefficient as possible while under the quota, the allocation is as inefficient as possible.
How an airline executive might use tourism economics relating to passengers load factors, ticket prices discounts, frequent flyers programs, joint fares, flight frequencies.
Despite being globally branded, Unilever still tweaked the Dove campaign from country to country. Elucidate why did it do this. What does this tell you about national differences in consumer behavior.
What is the marginal rate of substitution (MRS) and why does it diminish as the consumer substitute's one product for another. Use examples to illustrate.
Iran subsidizes gasoline, leading to a cost to consumers that is one-fifth the market cost.
Assuming the policymakers do nothing, use the diagram below to show the effects of the consumer pessimism on aggregate demand.
The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.
Elucidate what type of returns to scale does this technology represent.
What is the confidence interval for the proportion of households represented at a town meeting. Survey of households in a small town showed that in 850 of 1,200 sampled households.
Calculate the point elasticity of the firm's total sales revenue with respect to the amount of labor used when q = 2.
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