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The factors that cause shifts in supply and the importance of demand are examined. What is the law of supply, and what are the factors that cause shifts in supply? What is the law of demand and why is it important? Why does an increase in the price of goods and services trigger a decrease in demand?
Elucidate how do your previous answers change in the special case where money demand does not depend on the expected rate of inflation
Individuals filing federal income tax returns prior to March 31 received an average refund of $1056. Consider the population of "last-minute" filers who mail their tax return during the last five days of the income tax period.
Explain how do you expect the supply and demand of your selected good to change in the next year. Relate you expectations to the price and quantity of the good in the marketplace.
Debate this statement: “The UCC should require the same degree of definiteness of terms, especially with respect to price and quantity, as contract law does.” Remember to support your opinions with the law.
Consider a labor surplus economy producing a single output, which can be consumed (as food) or invested (as capital). Labor, once employed, must be paid a fixed wage w which is fully consumed. All surpluses from production are reinvested. Draw a diag..
q1. is holding an investment he bought for 1000 that has a 60 percent chance of gaining 200 in value and a 40 percent
U.S. exports as a percentage of GDP have increased, but have not nearly doubled over the last 50 years. The U.S. currently has a trade surplus. U.S. exports as a percentage of GDP have about doubled over the last 50 years. The U.S. currently has a tr..
What is the difference between a defined benefit pension plan and a defined contribution pension plan? A person starts work for a retail company and is treated reasonably well, at first. But after a few years she notices the company is suddenly putti..
The inverse demand that duopoly quantity-setting firms faces is p = 90 - 2q1 - 2q2. Firm #1 has no marginal cost of production, while firm #2 has a marginal cost of $30. How much does each firm produce if they move simultaneously? What is the equ..
A movie made by a motion picture company had a large amount of bad publicity during its production due to being over-budget, its length being too long, and an element of uncertain topic-content appeal. It’s opening weekend showed a solid but not spec..
Based on discussions surrounding the controversy over the value of the Chinese yuan in foreign currency markets, is China still using central bank foreign exchange policy to maintain the value of the yuan? What is the current policy of the United Sta..
Conduct an online search for “green awards” to learn about the various awards programs recognizing environmental consciousness and sustainable practices. Select one that recognized a business for a sustainable marketing practice and develop a brief p..
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