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"Elasticity"
Identify two elastic and two inelastic goods that you have purchased in the last month and explain the main reason why you identified them as such.
Decide the demand function and inverse demand function for good X. Indicate whether goods Y and Z are substitutes or complements for good X? Is X an inferior or a normal good? How many units of good X will be purchased when Px=4900?
ublic offering bonds 20% and interst 6%. tyberius investment 10% and interest 10%. sludge FM bank 20% and interest 12%. retained earning 15% and interest 10%. commen stock 25 and interest 15%.
Suppose a company is producing 1000 units of bottled power drink priced at $5. It is using a manufacturing process with a fixed cost of $1450 and a variable cost of $2.75 per unit (AVC).
Consider the following two projects. both have costs of $5,000 in year 1. Project 1 provides benefits of $2,000 in each of the first four years only. The second provides benefits of $2,000 for each of years 6 to 10 only. Compute the net benefits ..
The price of gasoline can vary considerably across states in the US. The US national average price per gallon last month was $3.55. Do you think that the price of gas in Miami is more or less expensive than the national average? A representative surv..
Compared between monopoly and perfect competitive market, there is no deadweight loss in the latter one, so the market is claimed to be the most (static) efficient. What is deadweight loss? Why the standard theory says it is bad to society? Now, DWL ..
joe browns dairy operates in a perfectly competitive marketplace. joes machinery costs 500 per day and is the only
evaluate the pros and cons related to an exclusion of a 250000 gain for a primary residence and how using this
At the same time, the quantity of Greek yogurt supplied increases from 100,000 lbs to 125,000 lbs. What is the price elasticity of supply for Greek yogurt?
Assuming you could not get the Pink ticket for free what is your (net) opportunity cost of your seeing Lady Gaga?
a company is contemplating the purchase installation and operation of a cogeneration system to offset the cost of
the following table presents data for wars in the market for internet security professionals.in the labor market the
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