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Within the Discussion Board area, write 400-600 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas:
Choose a developing country, and discuss its economic growth in the last 2-3 years. Include the following information:
If the elasticity of demand by students for students for MSOffice is 5, while the elasticity of demand by business professional is 2, and the marginal cost of producing another bundle of the office suite is $50, what are the profit mazimizing pric..
a explain why the assumption of imperfect competition is necessary for endogenous growth models.b how might well
market structure - principles of microeconomicsyou have been hired as a consultant by your local mayor to look at the
Suppose an airline flying on the Charolette-Chicago route has estimated the demand curves for three different types of customers: business (no advance purchase), leisure (7 day advance purchase), and discount (14 day advance purchase) travellers. ..
sometimes a bidder on a work contract may bid lower than what would maximize hisher profitfrom the contract and the
Using the basic IS-LM model in the open economy, analyze the effects of tax increases on the equilibrium output (Y), nominal interest rate (i) and the nominal exchange rate (E). Is the effect of higher taxes on output smaller
while us gaap requires assets to be valued at the lower of cost or market there is a belief that assets with value
Explain how marginal costs, direct costs and opportunity costs are different. Use an example from your personal life to illustrate each concept.
What key economic concepts underlie the employ of discount coupons by businesses?
you are the manager for dunkin donuts and know the following elasticitiesnbsp? 1.5 ?nbspinbsp 1.2 ?nbspxy1nbsp 0.5
You've been appointed by an unprofitable firm to determine whether it should shut down its unprofitable operation.The firm currently employs 70 workers to produce 300 units of output per day.
When the Great Depression caused a slump in diamond prices, De Beers Consolidated Mines undertook successful efforts to control the world supply of uncut diamonds and to increase consumer demand for cut diamonds. The company was able to increase c..
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