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Marketing refers to the four P's in duscussing firm strategties. Why do you think price is the most powerful and important P that the firm has at its disposal? What makes it so much nore attractive as a tool as compared to the other Ps?
Maggie's utility function is and her income is $5000. Then her MRS at generic bundle (x1, x2) is 50-0.25x1. Commodity 2 is a composite good, and hence its price is unity.
Describe five additional factors that you consider most significant for forecasting the demand for natural gas over the next decade and briefly outline the processes you would use in gathering and analyzing these five additional factors for forecas..
The university has been struggling in recent years, so they have hired you to help them in their last attempt to find an appropriate solution so that the university can survive
Illustrate average monthly rent for a three-bedroom apartment in Miami. Qd is measured in units of 1,000 square feet per month.
What is the marginal propensity to consume in this economy? What is the multiplier in this economy? What is the equilibrium level of GDP in this economy?
Describe the factor which determine the slope of the LM curve and whether an increase in theses factor(s) will make the curve flatter or steeper.
Illustrate what would you expect will to the price and quantity sold of Toyota sedans, if the price of Kia sedans fall.
Why would the simple Keynesian consumption function predict that this strategy would work and the nominal interest rate cannot fall below zero. What might the Fed do to try to achieve the optimal real interest rate you calculate in Part b?
Earlier this year the Federal Government USA approved the merger between Sirius and XM satellite radio companies. What, if any, shortcomings arise from a monopoly pricing strategy (efficiency and consumer surplus)?
Assume that tuition prices suddenly go up 20 percent. What impact will this single price increase have on the CPI.
In what ways is the inflation tax a tax, and in what ways is it not a tax and who pays for the inflation tax?
The industry will also incur expenses in the amount of $150,000. Explain how many shares must the industry sell to net $20 million after underwriting and flotation expenses.
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