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If maria spends a fixed dollar amount per week on movie rentals regardless of changes in the price, mariaʹs demand for movie rental can be considered: a) elastic. b) inelastic. c) unit elastic. d) there is no sufficient information to determine the price elasticity.
discuss and explain japans slow economic growth over the past few decades and the projection that this will continue.
A firm operating under monopolistic competition - a price maker - is facing an unexpected inventory build up due to a weakening national economy. How does this firm allocate output between its several plants? How is the selling price determined at th..
you need to responses to this questions about acawhat provisions of aca are intended to reduce or increase directly the
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Suppose that the euro zone is the home "country" and the US is the foreign country, which means that exchange rate, which has the dimensions of local currency per unit of foreign currency, is in units of euros per dollar.
what is the teachers role in developing a behavior intervention plan for students with challenging behavior? include
An improvement in technology lowers the cost of production of DVD recorders. Explain what happens to consumer surplus in the market for DVD recorders.
assume that country a has a population of 500000 and only produces one good cars. country a produces 100000 cars per
Express kinetic energy in terms of the base SI units: the kilogram, meter, and second. Write your answer in terms of the abbreviations ({kg, m, s}), and then identify the resulting derived unit.
During the last three decades entrepreneurs like Michael Dell, Sam Walton, and Ted Turner earned billions of dollars. Do you think the average American is better or worse off as the result of the economic activities of these individuals? Explain your..
According to the monetarists, which of the following is true?
In one year, 30 persons per 1,000 die of asthma. A new drug reduces that number to 20 per 1,000. How is outcome defined, and what is the "effectiveness" of the drug?
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