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You estimate the demand function for the square shreddies to be Qs=80-20Ps-6Pm+10Pd, where Pm is the price of milk, Ps is the price of the square shreddies, and Pd is the price of the diamond shreddies. what is the elasticity of demand for the square Shreddies when Pm=$5, Ps=$2 and Pd=$3.
Suppose that the economy is initially at a long-run equilibrium. Then the Fed increases the money supply. Assuming any resulting inflation is unexpected, explain any changes in GDP, unemployment, and inflation that are caused by the monetary expan..
A political campaign manager must decide whether to emphasize television advertisements or letters to potential voters (mail outs) to potential voters in an election campaign. Describe the "production function" for campaign votes.
Use the firm's isoquant-isocost diagram and the firm's marginal cost curve to explain and illustrate the output and substitution effects of a decrease in the price of labor.
Briefly describe the details of the fictitious business and evaluate the financial performance of the company using the information provided in the scenario
Suppose there are two risky assets, D and E. D has an expected return of 6% and standard deviation of 15%. E has expected return of 9% and standard deviation 25%. The correlation between the two assets is 0.2. The risk-free rate is 1%. a. Find..
how much juice will the costumer purchase in a perticular month. What is the elasticity of demand for juice.
Explain how is their gain or loss determined. What is the maximum loss to a purchaser of a futures contract.
Assume the US increases tariff on automobiles imported from Germany and other foreign nations. Determine the effect of this tariff-rate increase on
Suppose that the income effect of the tax induced price change is negligible, the excess burden of the tax will be.
Describe what effect a contractionary fiscal policy would've on the price level and real GDP starting from full employment equilibrium.
Determine the profit-maximizing prices both firms will charge. In addition, calculate the price-cost margin for each firm and indicate which has more pricing power and why.
Illustrate two policies could you use to reduce the total amount of emissions. Explain how would you decide what was the best level of emission reduction.
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