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a. In 2009, the Japanese beer industry was affected by two economic events: (1) Japan's government imposed on producers a tax on all beer sold, and (2) consumer income fell due to the continuing economic recession. How would each factor affect (i.e., shift) demand or supply? What impact do you predict on industry output and price?
b. In 2011, the U.S. trucking industry faced the following economic conditions: (1) At last, the US economy was recovering from a prolonged slump (during which trucking had shrunk its capacity by 14%), (2) the government instituted new regulations imposing more frequent equipment inspections and restricting operators' daily driving hours, and (3) year over year, diesel fuel prices were up by 9 percent. For each separate effect, show whether and how it would shift the industry demand curve or supply curve. What overall impact do you predict on industry output (measured in total volume and miles of goods transported) and trucking rates?
The city council has just approved the construction of a water park in your town. You are responsible for studying the impact of the new water park on the local economy and the surrounding community.
1. Do you agree with the necessity for autonomy as defined by the cognitive theorists Why or why not 2. What kinds of all-or-nothing thinking have you detected in yourself? How will you stop it
Draw the marginal revenue function for this firm and what is the profit-maximizing price for this firm - On the graph show the area which represents the net loss to society resulting from the monopoly power conferred by the patent.
a researcher predicts that watching a film on institutionalization will change students attitudes about chronically
An individual has an income of $1000 per month with which they buy the composite good with a price of $1 and food with a price $2/unit of food. Draw the budget constraint for the individual with the composite good on the y-axis and food on the x-axis..
Identify the products target market at home and in your stated foreign market - Indicate the competition of the product category in both home and foreign markets.
Explain the isoquants and isocosts how a shortage in physicians will affect the use of physicians
Explain the chain of analysis from payroll to total points and then on to total points and revenue. What other factors might affect these relationships that are outside of the data looked at in this project?
Assume the labor market is not perfectly competitive
If a regulatory agency determines electric prices on the basis of a fair rate of return on investment," how might its price-setting standard affect the use of fuels in producing electricity? Would fuel oil producers favor the fair-rate-of-return m..
The Not-So-Popular Nordic Bridge www.economist.com/node/387500 Three questions: Explain why the demand for the bridge is likely to be price-elastic. If the Swedish governemnt esimates that the price elasticity is -1.4 claculate the effect on traffic ..
many movie critics claim that horror movies nowadays are more violent and bloody than they used to be. write an essay
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