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In Music Ville, the price elasticity of demand for CD players is 1.3, the income elasticity of demand for CD players is 0.4, and the cross elasticity of demand for CD players with respect to MP3's is 0.1. If incomes in Music Ville increase by 15% with no change in the price of a CD player, will the number of CD players increase or decrease, and by what percent?
A business traveler to Germany who, upon deplaning in Berlin, uses an airport ATM to withdraw 100 Euros from her U.S. bank would receive which kind of exchange rate?
Illustrate what are the main determinants of the amount of excess reserves held by banks. Illustrate what is the primary determinant of deposits and the money supply in the long-run.
q1. how did various visions of a reconstructed south fluctuate? explain how did these visions reflect the old political
what will happen to the price level and output? Using the AS/AD model, demonstrate your predictions graphically. what policy might you suggest to the government?
on the planet omicron persei 8 government spending is 1000 net taxes are 1200 as well as planned investment is 1400.
Economies of scale can be quickly exhausted not everyone wants to ‘shop' from same ‘store' size can also mean diseconomies of scale if focus Is lost and conflict of interest what matters to shareholders is profitability not Challenges (contd.) Do..
Consider the five dimensions of service quality: tangibles, reliability, responsiveness, assurance, and empathy. Identify a recent service encounter you have experienced as a customer (either B2C or B2B) that you would classify as a generally bad exp..
Suppose you can collect country level trade flows and GDP data. Explain how can you verify monopolistic competition model with data. Illustrate what do you expect is impact of transportation costs.
One could argue that a long commute to work is an undesirable characteristic of any job. If most people live in the suburbs.
Elucidate why haven't the changes to campaign finance laws passed in 2002 been effective in stopping the flow of soft money
Elucidate how is the tax burden split between buyer also seller.
Illustrate what new decision will you make regarding production levels and pricing for your Widget facility.
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