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You list out several factors that affect demand as well as some pricing strategies but I don't see a lot of tie-in to the simulation.
What factors, specifically, affected the demand for lemonade?
What pricing strategies did you use?
I'm pretty sure the simulation did not allow the ability to price discriminate. Use the simulation as examples for the different factors and strategies you describe.
The US goverment offers significant per-unit subsiy payments to US sugar growers. Describe the effects of the introduction of such subsidies on the market of sugar and the market of artificial sweeteners.
Estimate the equilibrium GDP level (income). At the equilibrium level of output you estimated for Q1 above, estimate the aggregate consumption level. At the equilibrium level of output you estimated for Q1 above, estimate the aggregate saving level. ..
The excitement following the first report of the world eradication of smallpox in the 1980s was tempered by reports of the difficulty of achieving the same for other infectious diseases
In Rolling Stone magazine, several fans and rock stars, including Pearl Jam, were bemoaning the high price of concert tickets. One superstar argued, "It just isnt worth $75 to see me play.
Distinguish between collusive and non-collusive oligopoly. Explain the following features of oligopoly.
Discuss the relationship existing between production and cost. What is the MC function of the above TC function?
How do you propose to enact these standards when you are an administrator? What is the regulation or statute for? Who does the act protect? What are the consequences for violating it? Why are laws like this good for protection? How do you propose..
Identify the factors affecting production and costs in the short run to determine which single factor has the greatest impact on the widest variety of companies. Provide specific examples to support your response.
Discuss the optimal method for procuring a modest number of standardized inputs that are sold by many firms in the marketplace. What are the primary advantages and disadvantages of using this method to acquire inputs.
What is the new money supply and price level if banks loan out all excess reserves, people hold no currency and the fed buys 10 billion in gov't bonds from the public considering:
You are hungry. Very hungry. You come across one of several restaurants in a given area. As you look through the menu posted outside the door, you see that the prices are about double of what you expected.
you are the owner of a small bread factory and are thinking of lowering costs and expanding. your small-business
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