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You are an economic advisor to the government of China in 2008. The country has a current account surplus and is facing gathering inflationary pressures. The current account surplus is large, in excess of 9% of GDP. Additionally, China currently provides a rather low level of government services to its people. China’s government would like to attract workers from the rural countryside into manufacturing employment and would prefer to soften any negative impact of their policy package on urban employment.
Discuss how Macy's department store could improve its net profit position? Discuss the specific factors in cost of goods sold that would improve the gross margin position of the department store in sales. What other programs besides JDA planning are ..
Describe the relation between marginal and average costs. Describe the relation between marginal and average fixed costs. Describe the relation between marginal and average variable costs.
A market analysis conducted by SUNY Canton suggests the following market demand and marginal revenue relations: Public Demand: PPU = 225 - 0.005QPU and MRPU = 225 - 0.01QPU Student Demand: PST = 150 - 0.01QST and MRST = 150 - 0.02QST Total fixed cost..
The law of diminishing returns says that at some point, as the firm's output increases, marginal product begins to fall and can eventually became negative. Why does this happen? Price discrimination allows a firm to charge different price to differen..
Convert this into a truth table. All the brand values are related to psychological feelings of the consumers. If the seller is able to maintain good brand value in the minds of the consumers, they will definitely lead the market.
Explain how much profit will the perfectly competitive firms earn. Explain how much profit will the monopoly firm earn.
Elucidate the effect of capital formation by comparing the present times and ten year in the future for thtwo economic.
An economy is in long-run macroeconomic equilibrium with an unemployment rate of 5% when the government passes a law requiring the central bank to use monetary policy to lower the unemployment rate to 3% and keep it there. How could the central bank ..
Elucidate how much did Chinese purchases of financial also real assets abroad exceed foreign purchases of Chinese financial also real assests.
Assume that apples are an inferior good. Draw a perfectly competitive market for apples and a firm selling apples in the long run equilibrium where price is $10 and the firm’s equilibrium quantity is 50. EXPLAIN what happens in the short-run if coust..
Explain the three types of goods: search goods, experience goods and credence goods. What type of advertising would firm’s likely use for each type of good and why?
You learn that the market price of illegal drugs is falling. Which hypothesis is consistent with this information on drug prices.
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