Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Discuss how you can use the laws of demand and supply to explain the following scenarios: Scenario 1: After world gasoline prices jumped in the late 2000s, global bicycle sales rose to more than 1 million per month. Scenario 2: In Wisconsin Rapids, Wisconsin, employees at a CITGO gas station intending to change the posted price of gasoline from $3.43 per gallon to $3.49 per gallon accidentally changed the price to $0.349 per gallon. A station attendant said that, within minutes, “people were coming so fast that everything was crowded like a fairground.”Part 2: Discuss how you would apply demand and supply principles if: In the first scenario, the gasoline prices would have gone down and global sales of bicycle would have reduced. In the second scenario, the employees at the gasoline station would have mistakenly posted the price of gasoline to$34.69 and people would have started running to another gasoline stations within minutes.
q1. suppose the following data apply total bank reserves 22 billion total bank deposits 400 billion cash held by public
Suppose that your opponent is not playing her Nash equilibrium strategy. Should you play your Nash equilibrium strategy? why or Why not?
When comparing the distribution of wealth to the distribution of income, it can be noted that
The Einstein Bagel Corp. has used a frequent buyer program whereby a consumer receives a stamp each time she purchases one dozen bagels for $6. After a consumer accrues 10 stamps, she receives one dozen bagels free. If the opportunity set has any kin..
q.in the wake of the energy crisis in california many electricity generating facilities across the nation are
From California to New York, legislative bodies across the United States are considering eliminating or reducing the surcharges that banks impose on noncustomers, who make $14 million in withdrawals from other banks’ ATM machines. Estimates suggest t..
show mathematicallt whether the mardinal utility for (X1) and (X2) is increasing or decreasing. Find the Marginal rate of substitution for the indifference curve generated by the utility function.
Write down the decision box which combines the letter grade also the amount of fun you have into a single payoff for each outcome.
A consumer spends more time searching for a good when her reservation price is:
”Most commercial fish species in nearly every ocean and sea are being rapidly depleted in what marine biologists and other specialists warn is evolving into one of the worst ecological disasters of modern times. According to the United Nations, the w..
Suppose you make 30 annual investments in a fund that pays 4% compounded annually. If your first deposit is $6,000 and each successive deposit is 4% greater than the preceding deposit, how much will be in the fund immediately after the thirtieth depo..
If air quality improves however re are no effects on aggregate production or on market costs of final goods and services. Illustrate what would happen to GDP.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd