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Ecommerce and individual behaviour vs traditional storefont and individual behaviour
What can be said concerning eCommerce (such as Amazon and other online stores) and individual behavior vs traditional storefront retail and individual behavior?
Please be thorough and include examples & sources.
Please do not include references to auctions.
Compute the value of the price index for GDP for 2006 using 2005 as the base year. By what percent did prices increase.
Explain how is it that monetary policy, such as open market operations.
Assume that all states adopt a serious no-fault rule to cover automobile accidents, so that it becomes impossible to sue for damages after an accident.
Calculate the appreciation or depreciation of the US dollar relative to the Japanese yen.
Suppose two identical firms produce widgets and they are the only firms in the market. Find out the Stackleberg Equilibrium.
Apart from the abundance of these resources, you also see a lot of poverty. Can you provide an economic explanation of why poverty exists
Assume an individual purchases 500 units of good and spends 10,000 dollars.
The demand function for VCRs has been estimated to be Qv = 123 - 1.7Pt + 46 Pm - 2.1Pv -5M, where Qv is the quantity of VCRs,Pt is the price of a videocassette, pmis the price of a movie, Pv is the price of a VCR, and M is income.
Illustrate what will happen in the short run and long run to the world real GDP and the price level. Moreover, describe what policymakers could do after this has happened.
Illustrate what are institutional arrangements. Why are they considered important fundamental determinants of economic growth and development.
A firm has estimated the following demand function for its product: Calculate the advertising elasticity of demand and explain its meaning.
In Bayonne, New Jersey, there is a large beauty salon and a number of smaller ones. The total demand function for hair styling per day is Q=180-10P, where P is in dollars.
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