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You are interviewing three candidates for one sales job position. On the basis of your experience and insight, you believe Jane can sell 600 units a day, Joe can sell 450 units a day, and Joan can sell 400 units a day. The daily salary each person is asking is as follows: Jane $200; Joe $150; and Joan $100. How would you rank the three applicants?
hat kind of demand does walmart's products have? Does it vary by season? What market segment does Walmart target?
Suppose you bought a ticket to a football game for $30 and that you place a $35 value on seeing the game. If you lose the ticket, then what is the maximum price you should pay for another ticket?
Most countries, including the united states, import substantial amounts of goods and services from other countries. a nation can enjoy a high standard of living only if it can produce a large quantity of goods and services itself.
think about two public goods- public schools and food assistance for needy families. consider the implications of the
What’s the role of price in allocating the resources? Give logical examples for explanation. Draw graphs where necessary.
Do you think normal market forces adequately promote the sustainable development of non-renewable resources?
in what ways does economics class relates to the real world? how does knowledge gained from economics teaching been
Are unions good or bad forthe economy How do unions at GM and Ford affect employment levelsand wages How do unions affect other industries in terms ofemployment and wage levels
suppose that micronesia is a small country that imports milk thus it takes the world price of milk as given. illustrate
Consider the following demand and supply functions: Qd = 100 - 5P and Qs = 4 + 3P. What is the slope of each line? What is the equilibrium price and quantity?
"Perfect Competition" Please responds to the following: Examine a perfectly competitive firm that you have recently purchased a product from, focusing specifically on how it relates to the characteristics of the market.
The law of demand says that the price and quantity demanded are inversely related. Thus, is demand curve positively or negative sloped?
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