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Question: Electronics makers, such as Apple, Samsung, and Sony, are the buyers of Sharp's display panels. Consider the data for sharp's LCD and LED panels from 2011 to 2016. Do the data show that Sharp's LCD and LED panels were substitutes in consumption for electronics makers during this time period and why?
A. No. As the price of LCD panels decreased, the supply of LCD panels decreased.
B. No. As the price of LED panels decreased, the LCD panels market did not attain equilibrium.
C. Yes. As the price of LCD panels decreased, the price of LED panels decreased and the quantity of LED panels increased.
D. Yes. As the price of LED panels decreased, the price and quantity of LCD panels decreased.
Write the model in matrix form. Assume the government expenditure G0 = 110, export X0 = 40, and import M0 = 90. What are the equilibrium output, consumption, investment, and taxes in this economy?
Describe (include an explanation of economic profit in your explanation). Will price be higher or lower under such the agreement in long-run equilibrium than would be the case if firms didn't collude? Discuss.
Develop a list of independent variables that would be related to your grade in this course (ie. the amount of study time you put in) and predict whether the relationship would be negative or positive.
A Bend in the River, Nobel Prize winner V. S. Naipaul describes an underdeveloped country in which the government's constantly changing tax policies and vague laws regarding ownership of property cause entrepreneurs to become demoralized and unres..
Discuss the nature of emission allowances and provide justification. Discuss how emission allowances should be measured initially and subsequently. Provide journal entries for these transactions.
Mike currently earns $20,000 as an unskilled labourer. Presume that by taking courses full-time at a community college for one year, Mike can earn his associate’s degree and qualify for a more skilled job paying $23,000 that is guaranteed to last for..
Topic: Short-Run Economic Fluctuations- Write a conclusion that explains Short-Run Economic Fluctuations using the above resource
Think about a firm that you have done business with recently. What industry does this firm belong to? For example, McDonald's is a firm in the fast food industry. What market structure would this industry fall under?
moral hazard and adverse selection are both examples ofa the principal-agentbexternalities in consumptioncefficiency in
assume that the low-calorie frozen microwavable food company from assignments 1 and 2 wants to expand and has to make
What was the price after the tax hike? What was the price elasticity of demand? What was the (average) percentage increase in price?
What policy tools are available to the Fed to achieve its mission? What is the difference between an insolvent bank and an illiquid bank?
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