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The introduction of the iPad for about $500 marked the beginning of a new era for the highly competitive industry of tablets. Assuming current sellers of tablet computers continue to make huge profits:
a) What do you think will happen to the price of tablet computers? Please explain.
b) Whom do you think will reap most of the benefits of any technological innovations in tablets in the next five years; buyers or sellers? Please explain.
Why do points on a utility possibility curve represent efficient allocations of resources? Why must the utility possibility curve be downward sloping.
Which of following is equivalent to marginal propensity to consume. If incomes increased by $20,000, government purchases are fixed at $10,000, investment spending is fixed.
Describe what would happen if an outside agency determined the prices eBay could charge.
Illustrate what is the gain in consumer's surplus for ABC fan that can get these sweaters at Target instead of at the ABC.
This will mean replacing one of the weekly passenger flights with a freight flight
Elucidate the dividend yield for each of these four stock. What is the expected capital gains yield. Discuss the relationship among the various return that you find for each of these stocks.
Assuming that my situation is that of other firms, in which of these cases is output similar to short run equilibrium output.
Why these former employees faced difficulties because the market for their very technical skills was declining. These workers were.
Say y store it as cash in a mayonnaise jar in kitchen cabinet. What would this do to circular flow of income and spending. How would businesses react to household hoarding.
Show the equilibrium effects on consumption and hours worked of and increase in G of this type are ambiguous but that output increases.
What is the equilibrium Price and Quantity in the market? Now suppose the government imposes a special tax on these computers. Describe what would happen in this market in terms of the supply and demand curve.
Illustrate what are some more common restrictions on the activities of multinational corporations in host countries
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