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An electronics company in Tijuana, Mexico assembles Sony TVs using components imported from the United States and Japan. A typical TV with a per unit total cost of $1,600 includes $700 worth of components manufactured and imported from California and $400 worth of components manufactured and imported from Japan. The facility in Tijuana assembles the components and accounts for the remaining $500 worth of final value. Suppose that all of the TVs manufactured in this plant are exported to the United States and purchased by U.S. households. How would the production and sale of a typical TV at this plant show up in U.S. GDP and its components?
Write the expression for the demand curve, i.e., P = f(Q). What kind of expression is this?
When the price of a good rises relative to income, people cannot afford all the things they previously bought, so the quantity demanded decreases. What is it called?
What discount rate is most appropriate for net present value calculations of large-scale projects? Of small projects? Of the quantity of inventories to hold?
The schedule below shows the level of output that can be produced using different levels of input. A unit of input costs $80 and the fixed costs of running your business are $50.
The marginal propensity to consume and the marginal income tax rate are 0.9 and 1/3, respectively. The budget deficit is observed to increase by 90.
collect data on two indicators growth of gdp and investment as a share of gdp. present this data in two separate graphs
Define the two phrases/terms and then explain the relationship (similar and difference) between them. (!!!!intermediate economic!!!!)
Explain how can the concepts of game theory be applied to buying through ecommerce or a retail store. Can you show me an illustration.
1. using your understanding of tax incidence explain why some states do not charge sales tax for basic foods.2. explain
Which economic system is best suited for handling a crisis of epic proportions (hurricane, flood, blizzard, forest fire, etc.)? Why? Describe and explain why a socialist system might be
Throughout the 1990s, the amount of foreign direct investment directed at both developed and developing nations increased dramatically. This trend reflects,An international U.S. based company sets up a production unit in a developing country with ..
Later Henry ford invented the assembly line for manufacturing automobiles, other automobile firms copied his invention.
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