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Q1. Study Plan Problems and Applications: Rain spoils the strawberry crop, the price raises from $4 to $6 a box, and the quantity demanded decreases from 1,000 to 600 boxes a week.
a. Calculate the price elasticity of demand over this price range.b. Describe the demand for strawberries. Q2. Gasoline prices above $3 per gallon have affected what enterprise rental car co can charge for various models of rental cars. suvs are @37 with one day return and subcompacts are #41 with one day return. Why would the equilibrium price of suvs be lower than the equilibrium price of subcompacts?
Laptops have also become easier also cheaper to produce as latest technology has come online.
Assume the interest rate is 5.75 %. how much do you have to deposit each year make sure that 8,000 can be withdrawn for the 4 years?
A firm has two factories, one twice as large as the second. As the number of workers at each factory increases. Illustrate which factory will experience diminishing returns first.
Ben bakes bread and Shawna knits sweaters. Ben and Shawna both like to eat bread and wear sweaters. In which of the following cases is it impossible for both Ben and Shawna to benefit from trade.
Describe the magnitude of crowding-out that results from the above fiscal expansion .Show the transition dynamics that results.
Elucidate the impact does the dollar appreciation have on the firm's international competitiveness.
What effect would each of the following have on aggregate demand or aggregate supply
On the grounds of economic efficiency, do you think such a proposal to raise taxes on gun and ammunition sales worthy of attention? Discuss in terms of appropriate economic models
Each can produce the next generation super computer for math (M) or for chip research. However, only one can successfully produce for both markets simultaneously. Find the Nash equilibrium (include the payoff in your answer), and elucidate why it i..
Explain how many ships should be produced month if world chip costs are $62 per chips. Forecast the HSE's profit at this output level.
Explain how does the bank's Find outing relate to economist's traditional focus on Illustrate what people do, rather than Illustrate what they say they will do.
the pilots will receive options to buy 14 million shares of the firm's stock over the next 10 years. What impact do you think this new contract will have on Southwest Airlines?
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