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New Good or Service Business Proposal
Select a new good or service for an existing business or a business that you want to develop.
Write a 1,050- to 1,400-word business proposal for your chosen good or service. Include assumptions about the elasticity of demand and the market structure for the good or service. You might need to create hypothetical data or collect real data to determine fixed and variable costs. THIS IS AN ECONOMICS course; the entire focus of your proposal must be economic. If its marketing focused like most business proposals you will be disappointed in your grade.
Answer, number and include rationale for the following questions. Make sure to use section headings for each answer:
What effect is the new diet likely to have on the number of apple orchards within 100 miles of New York City?
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If you were the head of the Japanese Central Bank, how would you respond if your goal was to keep the interest rates at the original equilibrium level.
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Provide the Gilbert's choices of both Bordeaux and yogurt under the following circumstances (Consider each separately):
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part-1 firm perspective1. for the below three markets forms answer the following questions i perfectly competitive
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Assume that the u.s. has 400 units of K (capital) and 300 units of L (labor) while Mexico has 75 whits of K and 125 units of L. In both countries it takes 3K/L to produce each unit of X but only 2K/L to produce each unit of Y. Which nation has the co..
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