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1. Why do investors often buy or sell stock when new information is released about a firm? 2. What does the analyst believe Apple needs to do to calm investors? 3. Have the class do some quick research on Apple Inc. and then determine how many would buy the stock based on anticipated new products.
Why does the burden of sales tax fall completely on customer when the value elasticity of demand is perfectly inelastic; the seller when perfectly elastic.
The market supply and demand functions for a product traded on a perfectly competitive market are given below: QD = 40-P QS = -5 +4P. Based on this information, calculate the equilibrium price and quantity in this market.
Construct a table showing the (net) marginal revenue product derived from assembly worker employment and how many assemblers would Just Bikes employ at a daily wage rate of $100? Explain your answer and show all calculations.
How does the charging the monoply a specific tax per unit affect the monopoly optmum
Draw the demand and supply curves. What is unusual about this supply curve? Why might this be true? What are the equilibrium price and quantity of tickets?
What share will be paid by the consumer in the long run? How about the short run? Provide some intuition for why these are different.
answer each of the following question in one or two paragraphs.1-describe the difference between average revenue and
suppose you are lending 1000 to your friend. you want to get a return of 3 but your economist informs you that
The long-run Phillips curve suggests policymakers choose between alternative and which of the following will shift the aggregate demand schedule to the right?
Your boss tells you that the price elasticity of demand for hospital services is inelastic and therefore if you change the price there will be no change in the demand for hospital services. Explain whether she is correct or incorrect.
Marginal benefit is the:
Write the equation(s) for the new budget constraint
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