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How do legal restrictions on practice for nurses and physicians tend to affect the observed elasticity’s of substitution? Would elasticity tend to be higher if legal restrictions were removed? Would quality of care be affected?
Suppose that during the past year tv fell from $2000 to $1800 per tv sales increased from 700000 to 800000 tv. calculate elasticity of demand.
Much like individuals, organizations also exist within the community. How does an organization's responsibility within a community differ from the individuals?
Ilustrate what concern would you have about this sale and or lease back contract. Explain how would you price these two events differently.
Show the Income Consumption Curve for this consumer for income values M = 12, M = 24, and M = 36.
A regression analysis between sales (in $1000) and advertising (in $100) resulted in the following least squares line: = 75 +6x. This implies that if advertising is $800, then the predicted amount of sales (in dollars) is:
Without free trade, Diamonique has market power as a local producer. Once free trade is implemented in the local economy, Diamonique is no longer able to raise its prices above competitive levels.
calculate the price elasticity of demand for each product and compare with your teammates' elasticities.
What should be a firms goal when managing foreign exchange and associated risks? How might the firm reach these goals?
During the financial crisis of 2007-2008, the governor of the Bank of Canada expressed concern that the commercial banks were "hoarding" cash rather than extending a more appropriate volume of loans. Why might the banks do this, and what is the impli..
GM announced that it will close its Oshawa truck plant in 2009 and a Windsor transmission plant in 2010. Ford also plans a 10 percent cut in white-collar, salaried positions. In total, over 4000 direct jobs will be lost. What is the relationship betw..
discuss the major types of financial intermediaries in the U.S. and illustrate the differences in the way assets and liabilities are recorded on their balance sheets
The CEO of major automaker overheard one of division managers makes the following statement regarding the firm's production plans: "In order to maximize profits it is essential that we operate at the minimum point of our average total cost curve". If..
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