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In this discussion question, describe the Pros and Cons of some video editing software that you have used for would like to use. If you use sources outside your text, please provide where you received the information.
Select an industry or firm. State its market structure (pure competition, monopoly, monopolistic, or oligopoly). Next, please define the characteristics of the industry or firm that support your selection of market structure. Lastly, describe and ill..
Mary is in equilibrium. The MUa =6, MUb =12, Pa=2, what is the price of b? Zach is in equilibrium. The MUa=2, MUb=8, what is the price of a in terms of the price of b? What is the utility maximizing or optimization condition?
Draw the budget constraints, indifference curves, and the income consumption curve for a good (bagels) that has an income elasticity that is perfectly inelastic on horizontal axis, and another normal good on (salads) on the vertical axis.
Walt considers x and y to be perfect substitutes. They originally cost $10 and $9 respectively. His income is $720. One day the price of x drops to $8.
By how much should domestic auto-makers increase the cost of automobiles if they wish to increase sales by 5 percent next year.
Elucidate what is the minimal compensation t that induce the buyer to accept the exclusivity contract. What is the maximal compensation that the monopolist is willing to oer to the buyer.
Discuss the process that must occur in order for government to proclaim eminent domain to assume control over the private property of citizens. How does eminent domain differ from the concept of government zoning?
Describe the structure of the Federal Reserve System. What are the responsibilities and functions of each of the components of the Federal Reserve System? What are the instruments of monetary policy of the Federal Reserve System? Explain each one.
With the aid of diagrams explain how externalities (both external costs and external benefits) can generate market failure.
For the last several years, the money supply in the fictitious nation of Mauritania has been rising by 10% annually, and inflation has been running at 8%. The central bank is going to cut growth of the money supply back to 3% annually. Which of the f..
The nation of Spendistan has a much higher marginal propensity to consume than does the nation of Savistan. A global financial crisis has caused both nations to fall into a recession and both nations have just enacted $30 Billion rise in Government S..
Explain customer-perceived value. Explain total customer satisfaction. What valuable functions can brands perform for a firm?
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