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Micro Economics
1. The United States is a net exporter of services to China. What does this imply about the magnitude of the deficit in the U.S. balance on goods and services with china compared with the size of the U.S. merchandise trade deficit with China?
2. Why does a portion of Chinese residents’ expenditures on goods and services exported from the United States to China probable add to the earnings of Chinese firms and those firms’ managers?
3. There is currently a surplus of allowances at the price of zero. What must be true of the relative positions of the market demand and supply curves? Describe.
4. If the EPA were to allow firms to use allowances to emit sulphur dioxide as they did in the past, what would happen to the equilibrium allowance price? Why?
The costs of manufacturing steel declined substantially from building a conventional hot rolled steel mill down to new mini mill technology that need only scrap metal,
FULL karma for complete and clear response. 1. Under what conditions are the Cournot and Bertrand equilibria the same 2. What happens to price and output in the Cournot, Bertrand and Stackelberg models if marginal costs increase by 10 percent
(a) What marketing research did Vivian Callaway execute (b) What were the critical questions that she sought research and expert advice to get answers to (c) How did this affect the products marketing mix price, promotion, packaging, and distributi..
you have been asked by the payroll department to create a program that will calculate the weekly pay for the companies
suppose the demand for baseballs is given by q 200 - 8p.a what is the price elasticity of demand when p 6?b at what
Suppose the demand for a product is given by P = 40 4Q. Also, the supply is given by P = 10 + Q.? assume that there is a $10 per unit excise tax levied on the consumers of the product?
create a demand schedule and a supply schedule for your product.using these schedules draw a demand curve and a supply
how can we measure the nations economic performance? describe what factors make it difficult to compute gdp accurately?
Using the coeffficients found in the regression estimate, enter a formula based in cells C6 through J6 to forecast the sales revenue when quality control goes from $2million to $9million a year.
From the e-Activity, determine the environmental variable most likely to affect the short-run production over the next 12 months. Determine what managers can do to prepare for the possible change in short-run production.
1. Why do you suppose that firms in Artic nations are already developing specialized tanker ships and platforms for use in privately accessible Artic areas 2. What are possible opportunity cost of opening Artic lands to private extracti..
In 2005, hogs in the US were selling for $67 each, down from $75 a year ago. This was primarily due to fact that supply had raise during the period to 1.8 million hogs per week.
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