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If a consumer decides to spend $600 more in the economy, how much of an impact will that have on the GDP for the country? Why would that effect not be correct, what are issues that might affect that total amount?
While purchasing _____ an individual whose cost of time is low will visit a larger number of dealers compared to the individual whose cost of time is high.
How would you use these cost and revenue estimates to determine whether a sales force increase or possibly a decrease is warranted.
A college student has been looking for tires and has found the following: Tire Warranty for Tire A is 6 months at a price per tire of $31.59. What is MONTHLY worth/cost of Tire A if we consider annual interest rates are at 10%?
What is the marginal rate of technical substitution of labor for capital at any point along an isoquant?
Explain what negative externalities are, and why there may be a case for government intervention to address them. Describe some of the ways to correct the negative externalities and the pros and cons of each method. Provide real life examples.
Suppose that with 1 unit of labor, Canada can produce 40 TVs or 20 computers. With 1 unit of labor, Taiwan can produce 30 TVs or 10 computers. Assume that a country imposes a tariff in order to gain a price advantage on an item. What is the typical r..
As internet banking spreads, velocity begins to increase at a rate of 3 percent per year. What will happen to the rate of inflation? How could the ECB offset the impact on inflation.
Who gains and who loses from the trade barriers that create the price differences? What arguments are used to support trade restrictions in these commodities? What might be the short-term and long-term effects of removing such trade restrictions?
Suppose a firm sells a good in 2 markets, each market is characterized by their own respective demand curve. Calculate the profit maximizing outputs and prices in each market assuming the firm can price discriminate. Calculate the own price elasticit..
How is law of diminishing returns reflected in shape of total product curve. Illustrate what is relationship between diminishing returns and stages of production.
Depict this data with a Pareto chart. Also depict cumulative complaint line. What percent of total complaints can be attributed to most prevalent complaint.
HOW can different investment vehicles affect the risk and returns of the pension fund? What are the pros and cons of using international investment vehicles, real estate, and alternative asset vehicles in a pension investment portfolio?
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