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Between 1984 and 1985 the money supply in the United States increased from $570 billion to $641 billion while the consumer price index rose from 96.6 to 100. During the same time period the money supply in Brazil rose from 24.4 billion cruzados to 106.1 billion cruzados while the consumer price index rose from 31 to 100. How do these numbers match up with the predictions of the asset approach to foreign exchange? Give reasons for your answer. What should be the predicted short run and long run impact on the dollar for cruzado exchange rate during this time period.
what is the concentration ratio for the industry x and y. (number of firm) ----(industry x) ------ (industry y) (1) -----------------------8,750-------- --------1,750 (2) -----------------------7,500---------------- 1,725
What is the formula for measuring the price elasticity of supply Suppose the price of apples goes up from $20 to $22 a box. In direct response, Goldsboro Farms supplies 1200 boxes of apples instead of 1000 boxes.
1. two homeowners indexed by a and b possess the following demand curves for the consumption of landscaping water.
The question is, there have been two events that have occurred, first there is a significant decrease in the price of personal computers and the second is there has been an increase in the number of firms providing internet access. What will happe..
1. construct a numerical example to show that as marginal product mp rises marginal cost mc falls. explain your answer
You are required to analyse the strategy of a firm of your choice. You need to pick a firm and identify the strategy that the firm uses to compete with its rivals.
you are in charge of development for your housing nonprofit and two new grant opportunities have come to your
Calculate the price elasticity of demand for Einstein's Bagels and explain what it means. Derive an expression for the (inverse) demand curve for Einsteins's Bagels.
Discuss the long run implications of monopolistic competition with respect to (a) utilization of plant, (b) allocation of resources, and (c) advertising and product differentiation. Compare this to the situation of perfect competition.
When McDonald's corp. reduced the price of its big mac by 75% if customers also purchased french fries and a soft drink. The Wall Street Journal reported that the company was hoping the novel promotion would revive U.S sales growth.
What are some of the ways these curves shift and what is the corresponding change to the point of equilibrium?
The monopolist charges a single price for output, how much will he produce, what price will he charge, and what profit will he earn?
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