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1. ?The depreciation of currency will:
?Have no impact on a country's comparative advantage.
?Balance a trade surplus.
?Worsen a country's comparative advantage.
?Improve a country's comparative advantage.
2. ?Which of the following topics is best characterized as a macroeconomic issue?
?The decision by Apple to produce fewer Macintosh computers
?The effect of an increase in federal spending on the unemployment rate
?The effect of a drought on the price of corn
?The choice a student makes in selecting college course
Identify changes in market conditions and their effect on equilibrium price and quantity for the following events:
Explain how does price elasticity of demand for corn oil influence quantity-demanded of corn oil and Total Revenue earned by sellers of corn oil? Explain, using economic terms, why this is so.
Some oligopolies use a form of implicit cooperation called price leadership, which is legal in the US. Why do you think these firms try to engage in this practice? And why does price leadership often fail?
q.your lecturer used to work at a nationwide chain of retail swimming pool stores which pays its sales force a bonus
q1. 1. suppose mpc is 0.8 initially. households then change their behavior so that the mpc falls to 0.75. what happens
Its terminal salvage value will be $23,000, with annual operating costs of $7,500 for labor and $2,500 for maintenance. The company's minimum attractive rate of return is 18%.
Explain how much he finishes up paying each provider every month. Explain how much customer extra he obtains with each provider.
What types of economic evaluations should Shadyville use to rationalize the decision between the implementation of Contingency Plan 1 and Contingency Plan 2? Why?
q.assume the production function of the company isq 7v - 0.5v2where q is the production and v is the number of
What are the characteristics that make this international company different from domestic companies? Is this company successful? What makes this company a success or failure?
Illustrate what do you suppose would happen to the price and quantity of peanut butter as incomes fall during an economic recession.
Lee Inc, is considering a robot that will cost $6,000 to purchace. At the end of it 9 year life, it salvage value will be $1,000. The robot will need to overhauled in year 5 at a cost of $3,000. O&M costs per year will be $1,000. The robot will gener..
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