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Describe the 5 stages in adoption process for the new product "charcoal toothbrush".
i) - Product awareness
ii) - Information search
iii) - Production evaluation
iv) - Product trial
v) - Product adoption
In the aftermath of the 2008 Financial Crisis, the Basel 3 Accord sought to reduce systemic risk. What are the most serious problems with Basel 2? What are the most significant regulatory improvements of Basel 3? Which provisions do you believe are m..
q. you read in a business magazine that computer firms are reaping high profits. assume that the computer market is
What would be the new equilibrium exchange rate that would make purchasing power parity grasp for laptops.
Using the value of MPC = 0.8, and knowing the difference between the values of expenditure multiplier and the tax multiplier, it can be safely stated that the reduction of taxes by $400 billion (other things staying the same), Estimate increased leve..
Summarize the recent policy of the Federal Reserve concerning the level of interest rates and the reasons for this policy. Do you agree with this policy? Why or why not? How does this policy affect the supply of and demand for products and services?
If the government tightens up on drug dealers and raises the costs of dealing illegal drugs, then the drug addicts' dollar expenditures to feed their addiction will tend to:
Suppose that prisons hostorically have required inmates to preform, without pay, various cleaning and food preparation jobs within the prison. Now suppose that prsiosners are offered paid work in factory jobs within the prison walls, and that the cle..
Which of the following can cause the usual OLS t statistics to be invalid (that is, not to have t distributions under H0)? Heteroskedasticity. A sample correlation coefficient of .95 between two independent variables that are in the model. Omitting a..
Explain what is happening to both marginal productivity of each additional worker and the marginal cost of each additional unit of output.
Why can a monopoly make a positive economic profit even in the long-run? Why does a single-price monopoly produce a smaller output and charge more than the price that would prevail if the market were perfectly competitive? How does a monopoly transfe..
Analyze the major ways in which quality issues in health care affect antirust healthcare policy - synthesize the primary ways in which consumer and provider incentives work together to achieve cost reduction under the Affordable Care Act
Suppose that the citizens of Hungary can purchase all the oil they desire at the going international price. If the Hungarian government levies a tax on oil, who bears the burden? Illustrate your answer wit h a supply and demand diagram.
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