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Discussion
Please discuss both videos as related to managerial economics, such as on worker morale and productivity
-Dr. Robert Reich-What is wrong with economy in a little over 2 minutes! https://www.youtube.com/watch?v=JTzMqm2TwgE
-Wealth Inequality https://www.youtube.com/watch?v=QPKKQnijnsM
Construct a table showing class intervals and class midpoints and the absolute, relative, and cumulative frequencies for each grade.
What will happen to existing supply avenues and will legalization significantly change demand? How?
Calculate the equilibrium price and quantity that will prevail in a free market and calculate the price elasticity of demand and the price elasticity of supply at the equilibrium.
Given the budget equation 5M + 10P = 100, where M represents movies and P represents pizza, the slope of the budget line
Explain how each of these activities affects government, households, and businesses. Explain the flow of resources from one entity to another for each activity. Relate at least one current event to the activities.
Describe a skimming price and a penetration price, and advise them whether they should charge a skimming price or a penetration price, with supportive reasoning for and against each pricing alternative.
For Mitzi, shampoo and conditioner are perfect complements. She likes to use 1 squirt of shampoo and 1 squirt of conditioner each time she washes her hair. Draw a set of indifference curves for Mitzi that illustrate the utility she derives from using..
In economics, what factors may help determine the value of information Can you provide factors in the case when information is treated as a consumption good Can you provide factors in the case when information is treated as an input in the decisio..
.if individuals are free to produce whatever goods they want, then when excess profit is being made, more people will enter into the production of that good and consumers will benefit as the price is pushed down.
hormone free dairy milk has been found to be potentially more beneficial and healthy. consider the market for this
Introduction to Microeconomics Problem Set - Is this farm able to produce 12,000 bushels of corn and 8,000 bushels of soybeans? What does this combination of output suggest about the use of resources?
Suppose that the reserve ratio is .25, and that a bank has actual reserves of $15,000, loans of $40,000, and demand deposits of $50,000.
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