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Some goods generate spillover benefits from production, but it is:
A. Not possible that the spillover benefits are very large.
B. Not possible to encourage the production of those goods.
C. Difficult to know in advance which goods those are.
The methodology of combining forecasts is best described as
q1. what will happen to the demandsupply curve in case of outsourcing the cost of production decrease profit of the
Under oligopoly, if one firm in an industry significantly increases advertising expenditures in order to capture a greater market share, it is most likely that other firms in that industry.
Explain why standardised products are desirable for international companies, and the circumstances that are likely to prevent its implementation?
How a tariff imposed by a small country on its imported good causes a loss of real income, in the sense of lower utility, or "well -being" on the part of consumers?
In the classical model if there is a decrease in capital stock, what are the effects on labor demand, real wages, and output? (Increase or decrease) What are the effects if population decreases?
Suppose an economy has overbuilt and suffers from excess capacity. A recession ensues due to firms cutting back on expenditures. Is deficient demand more easily remedied by monetary or fiscal policy? Choose one and also show a picture of this in a AD..
Businesses large and small now compete in a truly global economy. To be successful in another country it is essential to understand and appreciate the cultural differences that exist. Business practices and ideas that work well here in the
Assume a household receives a grant of $500 of food stamps every month. How will this household's budget line be affected.
Assume the United States has the following consumption information: GDP=Income $4000, $6000,$8000,$10000,$12000; Consumption $4500,$6000,$7500,$9000,$10500. Also the economy has G=$1100, I=$404, and Xn=$15. Unemployment in the economy is currently 5...
Total unemployment compensation increases during recessions with no change in benefit rates.
Licensing the brand name and symbol is an important source of revenue for Harley. What types of products do you think do not fit with the Harley image and therefore are not good candidates for licensing by Harley? Develop a list and discuss your sele..
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