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The retail price for a wrinkle-reducing injection is $550. Retailers buy directly from the manufacturer, who has a margin of 80 percent on their product. If the retailer margin is 40 percent, what is the manufacturer selling price to the retailer? What is the manufacturer’s cost for the product? For both the retailer and manufacturer, what is the dollar amount of gross margin (price minus selling cost is dollar gross margin)?
Assume that the job separation rate s is 0.01 (1%) per month and that the job finding rate f is 0.2 (20%) per month. Assume that the labor force today (period t = 0) is 100 million. What is the steady state unemployment rate for this economy? In the ..
The best way to organize your results is in the form of a table. Report the log-likelihood and pseudo R2 for the nonlinear models and the R2 and adjusted R2 for the linear model. Write the likelihood functions of logit model
What are lags in monetary policy? What causes inside and outside lags in monetary policy?
If the money demand and money supply curves shift leftward, we can conclude that the equilibrium:
Illustrate what recieves goverment subsides that are in place to protect the population rather than for economic reasons.
Cher's marginal rate of substitution of earrings (E) for necklaces (N) is 5 (MRSEN = 5). This information implies that:
The Wall Street Journal's experience after it increased its cost to 75 cents. Illustrate what implicit assumptions are the publishers also the analysis making about cost elasticity.
Estimate the level of sales next year if CFC reduces Px by 10 percent and increases advertising by 20 percent, Income rises by 5 percent, Py is reduced by 10 percent, and Pm remains unchanged. By how much should CFC change its advertising if it wants..
Forecast Ace weather's mercury requires for January, April, July, September also December of 2007. The following actual also forecast values of mercury requires in the month of November have been recorded.
Suppose a representative firm in a perfectly competitive market has short-run total costs of TC = q2-50q+1000. Find the representative firm’s short-run supply curve. Find the market supply curve if there are 350 firms in the industry..
Identify each of the following acts as representing either saving or investment.
Consider the following game: There are 3 players. Each player decides whether to work on a common project or not. The project is successful only if 2 or more players work on it. When the project is successful, each player who works on the project obt..
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