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Consumer Price Index calculation
Make a chart that lists three strengths and three weaknesses of the Consumer Price Index calculation.
Post a response that answers the following questions once your chart is complete:
o What are the characteristics of the items listed as strengths?o What are the characteristics of the items listed as weaknesses?o If the CPI is imperfect, why do we use it?
A firm with costs C(Q) = 1,000 + 60Q + 0.1Q2 is able to price-discriminate-What would happen if it were forced to charge all its customers the same price?
What is the inflation rate in Home? In Foreign? What is the rate of change in the nominal exchange rate? Which currency is expected to appreciate? At what rate? Explain.
Explain how could the advertising be employed to allow KinderCare to keep price above average cost without encouraging the entry.
Findout the number of hours of skilled labor also the number of hours of unskilled labor which minimized the price of doing the project.
RainAway, Inc., makes polymers used to coat the windshields of car's, planes, and boats-Complete the following table based on the RainAway product's price, output and costs per year:
Suppose in country Triniland employers are required to pay overtime at 50% above the normal wage rate for workers who work beyond 8 hours a day.
High Mark Industries sells solar water heaters to households interested in lower energy bills and sustainable energy.
Illustrate and explain the interaction of households, businesses, government and global markets in the circular flow of economic activity.
Discuss how each of the following developments would affect the supply of the money, the demand for money, and the interest rate. For each case, describe what happens in closed economy and in small open economy. Describe your answers with diagrams.
Determine the price elasticity of demand for a resource. Why is it important and what is it used for.
A hearing is scheduled for your company to present arguments that your firm has not increased its market power through the merger. Can you do this and how. What evidence might you bring to the hearing?
Consider a competitive market for which the quantities demanded and supplied (millions per year) at various prices are given as follows:
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