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Q. Assume you are a painter, as well as the cost of a gallon of paint increases from $3.00 a gallon to $3.50 a gallon. Your usage of paint drops from 35 gallons a month to 20 gallons a month. Perform the following:
1. Calculate the cost elasticity of demand as well as for paint as well as show your calculations.
2. Decide whether the demand as well as for paint is elastic, unitary elastic, or inelastic.
3. Clarify your reasoning as well as interpret your results.
In calculating the incremental cost of a particular project, how would you treat the possible future costs of a lawsuit that may occur as a result of this project.
If the demand curve is QD = 100 - 10P and there is a $1 price increase, then the elasticity of demand at P = 2 is 2. If the absolute value of a demand elasticity is less than 1, then
Why would a country include offshore assembly provisions in its tariff code? Post to the discussion board your 200 word answer, focusing on selecting and organizing your most relevant comments in a coherent fashion
Write down an explanation for an interrogatory senator outlining how your expansionary acts would operate and what would be the effects on the economy.
assignment is to be a minimum of five pages long and in APA format. A good variety of objective, high quality, present sources need to be used.
If the company issues debt to finance the project what would be the value of the company. What would be the value of the levered equiy.
What can you infer about expected change in the exchange rate between the Canadian dollar and the U.S. dollar? A friend proposes a get-rich-quick scheme.
Describe the goals of the factory owners? Describe the goals of the employees? Describe the problem caused by the scarcity. What is the price of a life.
Explain which it would not be optimal for Firm 1 to make the investment if there were no threat of entry.
What factors will contribute to the riskiness of these bonds.
Discuss the four (4) components of a legally astute social media marketing manager who utilizes social media outlets for consumer transactions.
Elucidate why a currency depreciation leads to an improvement in a countries balance of trade.
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