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Q1. Using supply and demand analysis to predict the effect of e-commerce on equilibrium output and equilibrium price of products gaining a presence on the Internet
Q2. Explain how productivity determines our standard of living?
Q3. What is the common-pool problem, and how can it be reconciled?
Q4. The widget Industry in Any town is a monopoly, controlled by Widget Corp. Its demand curve for the local market is given by P = 800 - 20 W
Where number of widgets sold per period is W.
The total cost function (including opportunity or implicit costs) for Widget Corp. isTC = 300 + 500 W + 10 W2
Why does Michael Porter admonish companies will not change his competitive positioning any more regularly than once every four or five years.
Explain how many units of pork will the government be forced to buy to keep the price at $2.25. How much will the government spend in total.
Results of drilling are 15 dry holes, 12 gas producers, 18 oil wells, and 20 wells producing both oil and gas.
A price index for nonresidential construction was 14 in 1949, 92 in 1987, and 114.5 in 2000. According to these numbers, what did the hospital cost approximately.
These options also sell for $3 each. Strategy C is to establish a zero-cost collar by writing the January calls and buying the January puts.
In your opinion should our government impose price floors and/or price ceilings in our economy.
Assume that you own a 10-acre plot of land that you would like to rent out to wheat farmers.
Suppose that the demand for healthcare services is perfectly inelastic while the supply curve is upward sloping. Analyze the impact.
How macroeconomic equilibrium does an economy achieve. Elucidate what affect does a high level of inflation have on macroeconomic equilibrium.
Graph Mary's marginal cost curve using the orange line and her marginal revenue curve using the blue line
Provide an appropriately labeled boxplot of the data below and use a randomization test to examine whether the null hypothesis holds that male and female turtles have the same mean serum cholesterol.
As vice president of sales for a rapidly growing company, you are grappling with the question of expanding the size of your direct sales force.
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