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Look around the stores and restaurants around you. Have you seen a lot of going out of business signs during the economic slump? GM and Chrysler filed for bankruptcy although both received bailout money. Discuss business profits that rely on fixed and variable costs and revenues. Can you give examples of the companies that have high pension costs? Why are companies using more technology input while reducing labor input? Why are the Average Cost Curves U-shaped? What is the Law of Diminishing Returns? Discuss a company's two short run options: 1. stay open or 2. shut down.
If thousands of consumers begin buying MP3 players, illustrate what will take place to provide as a result.
An open economy with a fixed exchange rate follow a money growth rule successfully if capital moved freely across its borders..
Assuming the policymakers do nothing, use the diagram below to show the effects of the consumer pessimism on aggregate demand.
How many units of good X will be purchased when Px=4910, determine the inverse demand function for good x.
Assume the market for cough syrup is in equilibrium. Now, suppose the government imposes a price ceiling that is above the original equilibrium price. Illustrate what are the economic effects of the price ceiling?
The US government could not pass its annual budget. As a result, the US government has partially shut-down: roughly about 800000 federal employees of non-essential services are out of work
Assume the economy starts out at point A. After that, the public anticipates that the Fed will use expansionary monetary strategy to shift the AD curve from AD1 to AD2.
Elucidate the effects of an increase in business investment on the short-run macroeconomic equilibrium.
What would happen if suppliers charge less than the equilibrium price for your good or service.
Suppose the state is trying to decide how many miles of a very scenic river it should preserve.
If the Boca Raton Company has only one rival also if its rival too makes such a declaration does this change payoff matrix? If so, in illustrate what way.
Explain what were the problems with this corporation from an organizational architecture point of view.
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