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Explain why airlines would be a good example of an oligopoly market? Analyze why airlines have to watch each other when they make pricing decisions?
q. without trade the united states produces 45000 units of clothing and 150000 cans of soda. without trade brazil
Assume that output is 1.6% below potential and that the inflation rate is 3.5%. Assume that the Fed has specified the inflation coefficient is á = 0.5 and that the natural real rate of interest is 2%. At what level should the Fed set the federal fund..
Iran subsidizes gasoline, leading to a cost to consumers that is one-fifth the market cost.
iv. Find the utility maximizing combination of income and leisure. How many hours will this person work? Imagine the wage rate increases to $8 per hour. Will this person work more hours?
Identify a company that you successfully creates shared value, and explain how they do it. Cite any sources in APA format.
Suppose the long run price elasticity of demand for gasoline is -.60. Assume that the price of gasoline is currently $4.00 per gallon, the quantity of gasoline is 140 billion per year, and the federal government decides to increase the excise tax on ..
q. a consulting firm estimates the demand by local businesses for attendance at a pro sports teams gamespb 140 - 4ab
Shift the curve in the subsequent graph to show the effects of such a training program.
If you were the angel investor, what is your certainty equivalent for these two projects? Are you risk averse, risk-neutral, or risk-lover.
Suppose the Demand for baseballs is given by Q = 240 – 8P. What is the price elasticity of demand when P = 6? At what price will Total Revenue be maximized?
Prove utilizing a graph, that a diagonal line through the original would intersect each indifference curve once.
We know that the optimal consumption point is where the Indifference Curve is tangent to the budget constraint (i.e., MRS=Relative Price). Why are points along an indifference curve that intersect the budget constraint less than optimal?
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