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Suppose you are asked to do a market analysis in an area in which a natural disaster has recently occurred. For example, Nashville after the Spring floods or New Orleans after Hurricane Katrina. Other than building supplies (which is too easy :), choose a market for a good or service that will be affected. Will demand or supply be affected? (Even if it might be both, just choose one or the other to keep it simpler). What happens to equilibrium prices and output in this market? Draw a supply and demand graph for your own use, then explain the process in detail.
Initial studies of new Keynesian inflation dynamics indicated that the average? price-adjustment intervals in the United States was as long as
Derive the short run total cost, short run average cost also short run marginal cost as functions of output q.
Define price discrimination. Describe a price discrimination strategy that you could use at your movie theater (you must come up with a real-world strategy for this answer). How can you possibly earn extra profits by charging some customers a lower p..
Depreciation of the Canadian dollar will tend to:
q1. a. distinguish between monetary policy instruments and monetary policy tools.b. describe any two key tools of
Which of the following two bonds are more prices sensitive to changes in interest rate? A par value bond, X, with 6-year-to-maturity and 10% coupon rate.
How did the goals of the classical gold standard and the goals adopted by the Bretton Woods conferees differ (Include a discussion of priorities for IB and EB)? How were the IB goals for the BW conferees expressed in the structure of the BW system? E..
Ole Harry is the skipper of the Better Late Than Never, a VERY slow freighter that runs from Singapore to Los Angeles and back without making any other stops. The boredom of the voyage results in high worker turnover. What can Ole Harry do to screen ..
q.the missing link chain-link fence company is trying to determine how many chain-link fabricating machines to buy for
while a decrease in price of pizzas rotates it rightward. How can we possibly speak systematically about people's preferences.
Groundwater needs to be allocated between two periods, knowing that it will be totally used up in period two. What is the equation for net marginal benefits (NMB) is year 1? What is the optimal allocation of water between the two years? Show all of y..
Illustrate what is the price elasticity of demand. What is the cross-price elasticity of demand. Suppose the price of the good, P, goes to $2.00.
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