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suppose that people consume only three goods, tennis balls 2009 price $2 and the quantity 100 2010 price $2 and the quantity 100 Golf ball 2009 price $4 and the quantity 100 2010 price $6 and the quantity 100 bottle of gatorade 2009 price $1 and the quantity 200 2010 price $2 and the quantity 200 a, what is the precentage change in the price of each of the three goods b. using a method similar to the consumer price index, compute the percentage change in the overall price level c. if you were to learn that a bottle of gaterade increased in size from 2009 to 2010, should that infomation affect your calculation of the inflation rate? if so how? d. If you were to learn that gatorade introduced new favors in 2010, should that information affect your calculation to the inflation rate? if so how?
firm competing in a monopolistic competitive market. What conditions exist when economic profits are maximized.
Each of the five nations that have been asked to bid for the broadcast rights for the London 2016 Games. Prepare to negotiate prices and other organizational details.
Using the specific factors model elucidate why you might expect to see certain capital owners and labor groups arguing against expanding trade in a capital abundant country.
Write out the payoff matrix for this game, and then find its Nash equilibrium.
Illustrate what way does investment multiplier defend the policy of public workson the part of the state during business depression.
If fixed costs increase to $1200, what will happen to equilibrium price and quantity.
Store maximizes profits and the price elasticity of demand for milk is -2 for coupon users, what is the price elasticity of demand for non-users.
In the 21st century Explain how has globalization affected trade restrictions also the development of common markets
Compute the resulting equilibrium price quantity combination for every industry. Illustrate your answer with a suitable graph.
Select the most serious disadvantage of globalization (in your opinion) and make at least one recommendation
Elucidate how much should Joseph's income increase to compensate for the rise in the price of roses?
Explain why might the private market not reach the socially optimal level of traffic without the help of government.
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