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A can of iced tea costs 1 ringgit in Malaysia and 10 baht in Thailand. What would the baht-ringgit exchange rate be if purchasing power parity holds? If a monetary expansion caused all prices in Thailand to double so that iced tea rose to 20 baht per can what would happen to the baht-ringgit exchange rate?
Prepare a demand schedule for both demand curves and prepare them on an Excel graph. Calculate the marginal revenue for each.
Determine additional dollar cost of adding sales people and how is the expected net revenue generated through adding an additional salesperson given a firm's past sales experience?
Describe what social engineering is and explain its existence and prevalence. Explain why SE is an important part of an information technology security course.
Do you think that a company can adequately plan to avoid reaching the point of diseconomies of scale? Are there benchmarks that can be used for certain industries (i.e. in health care economies/diseconomies of scale are benchmarked)?
A researcher studying the effects of a new fertilizer on crop yields plans to carry out an experiment in which different amounts of the fertilizer are applied to 100 different 1-acre parcels of land.
What is the real monetary return in dollars at the end of the year?
We have two very interesting readings for this week dynamic pricing and the creation of product addicts.
Suppose that a labor union leader is trying to bargain for an increase in union workers' real wages of 5 percent. If he expected the price level to rise at a rate of 3 percent this year, how much would nominal wages need to increase for him to acc..
The marginal cost curve for producing the bread is MC = 50 + Q. What is the socially optimal level of production
And what are some examples of new technologies that have created jobs How do you think you might measure the net impact of technological change on overall employment and GDP in the United States
Draw a graph of the market for banana. What are the equilibrium price and quantity? Explain why. If the price of banana was $1.50 a box. What would be the situation in the banana market (shortage or surplus)? Explain why and how the price and quanti..
Economic analysis that takes into consideration linkages between markets is called ? A. partial equilibrium anaylysis B. input output analysis C. general equilibrium analysis D. cost-effectiveness analysis E. none of the above
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