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A popular restaurant charges lower prices for alcoholic drinks in the late afternoon (4-6pm), but offers no such discounts at lunchtime or on weekends. What is different about demand characteristics for the same product at the same location but at different times on different days of the week? Does this pricing policy tend to increase the restaurant’s revenues?
Suppose that Congress enacts a lump-sum tax cut of $750 billion. The marginal propensity to consume is equal to 0.75. Assuming that Ricardian equivalence holds true, illustrate what is the effect on equilibrium real GDP.
Suppose the average Social Security benefits in the nation are $14,000 per year. The number of Social Security pension recipients is currently 50 million. There are 150 million workers in the workforce this year and the average taxable wage per worke..
Illustrate If G rises to 200 and T rises to 150. How much would the GDP change as a result.
Illustrate what adjustments are required for China to rebalance its current account. Illustrate what risks are inherent in such adjustments.
Identify the main reasons (eg.) Apple has expanded into other markets. Identify the entry mode/s of Apple in the specific foreign market (Europe).
If quantity is 20 also if producers receive the seller's price for to output illustrate what is the amount of Producer Surplus.
q.sara is a dot.com entrepreneur who has established a web site at which people can design and buy a sweatshirt. sara
When using creativity to generate new concepts, should our focus primarily be directed to external markets? Why, or why not? Defend your answer and offer a specific example to support it.
what would the benefits of each action be (besides emissions reduction)? what would the costs of each action be? How would you decide what was the best level of emission reduction?
Idaho farmers can sell as large a quantity of their potato crop as they which,
What output market with the appropriate starting position and show what effect the contractionary policy would have in the output market.
The marginal cost pricing model calculates a markup over marginal costs using estimates of the price elasticity of demand. Will any other pricing strategy result in higher profits?
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