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Part -1:
A. What are the key determinants of the market demand in your chosen industry?
B. Describe the current change (at least one) in the determinants that has caused the demand change.
Part -2:
A. What are the key determinants of an existing firm's (1) fixed costs and (2) variable costs in the short-run?
B. What is the shape of the existing firm's (1) average cost cure and (2) marginal cost curve (i.e. U-shaped or L-shaped)? A graph illustration here will be a plus.
A state government is considering construction of a flood control dike having a life span of nine years. History indicates that a flood occurs every three years, on average, and causes $400,000 in damages on each occasion. If the state uses a MARR of..
Consumer Buying Behavior
Explain in detail how each of these forces influences the auto industry, and propose how the auto industry should respond or react to each force. Businesses not only respond and react to external forces, but can also attempt to influence them.
Which of the following statements help to explain why, in the real world, the Fed cannot precisely control the money supply? Check all that apply. The Fed cannot prevent banks from lending out required reserves.
what effect should each of the following have upon the demand for portable music players in a competitive market?
Wise politicians would therefore be advised not to meddle and attempt to affect the economy cycles with discretionary monetary and fiscal policies.
a key economic adviser to president george w. bush said yesterday he believed that national saving was too low in the
A chemical production facility that is under construction is expected to be in full commercial operation one year from now. Once full operation, the facility will generate $85,000 cash profit daily over the plants service life of 8 years.
Suppose Texas(an oil producing state) has been proposing the implementation of a tariff on oil imports. If the world price of oil declines significantly , the chance that the proposal will be implemented will increase
Should the club cover explicit and implicit costs? Imagine that you are asked to consult with a drama club that puts on a play every year. The club asks you: How much should we charge for tickets if we want to cover our costs?
for this project you are required to read and analyze 5 recent articles from the wall street journal each covering a
Assuming no change in hours of work, if real output per hour of work increases by 10 percent, what will be the new levels of real GDP in the right column of A Does the new data reflect an increase in aggregate supply or does it indicate a decrease..
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