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Why do economists care whether or not Purchasing Power Parity holds?
What is the economic distinction between long run and short run?
imf warning over slowing growththe global economy may face a marked slowdown next year as a result of the turmoil in
Price Discrimination (PD) occurs "when a firm charges different prices to different customers for the same good". Explain under what conditions PD is possible and profitable?
Illustrate what are economic influences which affect the organization in a negative way.
In the early part of the past decade, there was an overproduction of coffee. The value dropped so low that manufacturer' costs were higher than the market value.
Respond to the following question with three well composed paragraphs: Does the fact that something is abundant mean it is not scarce in the economic sense? Why or why not?
consider that an entrants ability to enter a market is fought with the possibility of withdrawing from the industry at
What is the best output that we can produce on an AD and AS graph? In looking at the AS AD graph, where do we want to be producing in the long run?
In a country such as Japan that has had verylittle inflation in recent memory, it will take longer for a changein the actual inflation rate to be reflected in a correspondingchange in the expected inflation rate.
How does an increase in savings impact the multiplier? Explain.
Consider the market for ABC Company's stock. What should happen to the stock for this company if there is a rumor that the company is set to merge with another very profitable company?
Hubert's Copy Services is in perfect competition. Hubert currently charges 10 cents per page, which is the going market price. He thinks that he can increase his profit by raising the price. Is it possible? Why or why not?
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