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Q1. Ben Laden Rugs, Inc., sells hand-made cotton rugs to tourists at a price of $50. Ben Laden's unit costs are $10 every rug. Fixed costs are $5,000. Ben Laden is considering an attempt to differentiate his product from several other competitors by using high quality natural herb dyes.
Doing so would increase Ben Laden's unit cost by $15 every rug. The price of the rugs will remain stable at $50
Q2. Illustrate what are 4 ways to increase aggregate demand using Marginal propensity consume?
Based on some economists' definition of the relevant market, the two firms proposing to merge enjoyed a combined market share of about two-thirds, while another firm essentially controlled the remaining share of the market.
Is there a surplus or deficit in the government budget at the equilibrium level of income.
Hypothesize the basic short-run also long-run behaviors of the model in the industry you have chosen in a "marketplace economy."
Discuss which Explain how drop in the export sales sets in an ongoing recession using accelerator model.
What are the strengths and weaknesses of the measure of welfare used by many economists: consumer welfare plus producer surplus.
Calculate the point elasticity of the firm's total sales revenue with respect to the amount of labor used when q = 2.
Should the seniority rule be eliminated, what is MOST likely to gain greater influence over the process of selecting committee chairs.
The economy for latest commercial equipment has dropped in the last seven quarters. You require a latest niche. You are the CEO. You will not fire anyone.
In your opinion, does the Houston Medical Center, in which many hospitals gather, represent an example of perfect competition.
Illustrate what is the effective rate of protection for sneakers.
Each of the estimated coefficients statistically significant at the 95 per cent confidence interval. What is the optimal output level.
Clarify why might the Homo sapiens production possibilities curve have shifted outward to right much more rapidly than persons of Neanderthals.
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