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Which of the following is a valid reason as to why prices will not always adjust to changes in spending?
a. not all prices are set at the same time but are staggered in time
b. labor’s productivity is falling as education in other nations is improving
c. firms refuse to accumulate inventories and lower prices to keep inventories from increasing
d. all of the above
In calculating the incremental cost of a particular project, how would you treat the possible future costs of a lawsuit that may occur as a result of this project, where the cost of the lawsuit might range from $10,000 to $500,000 with an associat..
Assume that every driver faces a 1% probability of an automobile accident every year. An accident will, on average, cost each driver $10,000.
The deadweight loss from a tax of $x per unit will be smallest in a market
Illustrate what role did the policies of various governments play in influencing the international expansion strategies of both McDonald's and Wal-Mart.
a friend of yours is considering two cell phone service providers. provider a costing 120 month for the services
The data is listed per quarter, and real GDP data was calculated using 2005 as the base year. Fill in the columnns for the GDP deflator and for the percent increase in price level.
Illustrate what is the equilibrium price. If supply at every price is reduced by five gallons, what will the new equilibrium price be.
q. the article states growth in the export sector has been one factor contributing to overall growth. how would we
changes would most likely bring economy to a full employment level of national output. What is income multiplier.
Firms often face the problem of allocating an input in fixed provide among different products.
q.like supermarkets full- service department stores like macys are generally in decline. what factors might these types
The purposes of assessing the consequences of these provisions for strategic decision making.
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