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Suppose that two recent studies conclude that increased fiber in the diet does not reduce the risk of developing colon cancer as was previously thought. The likely result will be that the:
A. quantity demanded of high-fiber foods will fall.
B. demand for high-fiber foods will decrease.
C. supply of high-fiber foods will increase.
D. price of high-fiber foods will rise.
The production function is given by f(x)=4x^1/2. If the price of a commodity produced is $60 per unit and the cost of the input is $20 per unit, how much profit will the firm make if it maximizes profit?
If the demand elasticity is -2.42 and has a 10 percent decrease in price, what would happen to the quantity demanded. 1. decrease by 2.4 percent 2. increase by 24.2 percent 3. decrease by 24.2 percent 4. increase by 2.4 percent
1.what is mas most important industry in 2012? why? how are you measuring it?2.give some examples of how tourism
Elucidate why the boundaries of the firms that group members currently work for are dawn at their current limits, and consider whether there are opportunities to increase the returns generated.
Compute the elasticity of demand when the price of a deluxe cheeseburger raises $2.50 to $3.00 which causes sales to fall from 175 deluxe cheeseburgers each day to 125 deluxe cheeseburgers each day.
Discuss the strategy of your organization according to the specificities of your business environment - explain how your organization can achieve significant cost savings and marketing benefits through the use of the internet technology.
Liam O'Kelly is 20 years old and is thinking about buying a term life insurance policy with his wife as the beneficiary. The quoted annual premium for Liam is $8.44 per thousand dollars of insurance coverage. Because Lia, wants a $110,000 policy (whi..
Find the trend in the growth rate of M1 and M2. What accounts for differences in the growth rate of each money supply measure - Summarize measurement issues in M1 and M2 identified by the Federal Reserve.
Explain how “Black Markets” impact economic actives: Please explain in detail and use a supply and demand graph for your examples
What is the nominal GDP in 2011? What is the real GDP in 2011 (using 2010 prices)?
The rate cut was made because European nations were growing very slowly or were in recession. What effect did the bank hope the action would have on the economy.
Simply speaking increasing inventory turnover is an important goal for retail manager. Illustrate what are the consequences of turnover that's too slow.
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