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1. If the company hires an incompetent president to run the company. He has the opportunity to introduce his idea for kids toys but his idea failed. He keep reducing the price of the products and eventually give out free products. As a result, the sales goes down along with the stock price that lead to takeover target by other company. Select a concept associated with Supply and Demand that is illustrated in this case.
2. Use the information were given to support an economic analysis or to explain behavior of the concept you selected.
3. Be sure to explain the supply and demand concept you selected being careful to distinguish between change in quantity demanded or supplied (movement along curve) versus change in demand or supply (shift of the curve) and how it applies to the particular segment you are analyzing.
Consider a city that has decided to impose a pollution tax on its polluting firms. How would wages and employment be affected? How does the result depend upon the elasticity of supply of labor with respect to environmental quality? The wage elasticit..
Name a country that was colonized and explain who colonized it. Describe two resources the colonizers took control of and why? Explain how the resources are used today. Finally, explain how colonization has affected the independent country today? Don..
Calculate the monthly interest rate first, then multiply by 12 to obtain the annual percentage rate, APR). Express the interest rate as an integer. For example, for 6%, enter 6.
College Degrees Required for Police Officers Many Police Officer positions being advertised today require the applicant to have a college degree even though the tasks of a police officer rarely call upon college course material. Why don’t police depa..
Suppose that a country has a fixed exchange rate and unrestricted (financial) capital flows. Which of the following would the country NOT experience?
Consider the market for automobiles, and draw representative supply and demand curves. Suppose that the price of gasoline rises, and at the same time, the price of steel (an input to automobile production) falls. Show this on your graph. If you have ..
Suppose a country has a money demand function (M/P)^d = kY, where k is a constant parameter. The money supply grows by 12% per year, and real income grows by 4% per year. What is the average inflation rate? How would inflation be different if real in..
q1. use the internet to research an oligopoly not discussed in the text. from the e-activity describe the oligopoly you
Suppose Congress passes legislation that raises taxes. At the same time the Fed undertakes contractionary monetary policy. Use the IS-LM model to illustrate graphically the impact on output and interest rates. Explain the graph in words, specifically..
The Chinese renminbi
Select a region and choose a trading bloc (NAFTA, EU, ASEAN, etc.) within that region. In a single paper write two 350- to 500-word articles, one article in favor of regional integration and another article against regional integration. Describe the ..
Explain why income inequality has changed in recent history. In the United States, what are some of the reasons for a less equal distribution of income over the past two decades? How has this been reflected in society, particularly in light of the qu..
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