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Joshua is a true entrepreneur with businesses around the world. He makes world-renowned cakes and coordinating products. Now he has begun making clothing with a cake theme/inspiration. In addition, he has written a book, and created set of menus all inspired by cakes. He is monopolistic, but there are barriers to his position. What are they? Explain what barriers are present for each of his various businesses.
Define the term "opportunity cost." Now that you have a definition of opportunity cost weigh the positives and negatives of taking a leave of absence from work and moving out of town to attend college full time, or maintaining your job while atten..
The "crowding-out effect" suggests that A. excessive population in the cities is pushing people into the suburbs.B. if consumption spending increases investment spending must decrease. C. tax increases are paid primarily out of saving and, therefore,..
An investment of $100,000, increased to $168,510 over a 5 year period. What was the rate of return on the investment?
Examine who the winner and loser would be - either the borrower or the lender in the given scenario. Provide support for your response.
Determine whether demand is elastic, inelastic, or unit elastic with respect to its own price and whether Good Y is a substitute or a complement with respect to Good X.
If the nominal GDP is $559 billion in the base year, and it rises to 577 in year 1, and 605 in year 2, what is the real GDP in each year, given that the price index has risen from 100 in the base year to 104.5 in Year 1 and up to 108.3 in Year 2?
During the job interview, the Vice President understood that you had received rigorous training in managerial economics, and you were able to choose some appropriate methods to predict the market movement.
Describe an example of a particular health care good or service at the beginning of your posting and to what extent do the providers of the good or service influence consumers' decisions?
From Part 2 of the scenario, identify whether the copy center is facing a cost-push or demand-pull inflation and provide a rationale for your answer. Suggest a business strategy that would offset the type of inflation you have identified.
What is the role of state law in determining whether an entity will be classified as a corporation for Federal income tax purposes?
Estimate the linear model described in part (a) using Ordinary Least Squares regression and display your regression results.
Future economic glowth
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