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Ms. Jane applies for a business consultant position. During the job interview, the interviewer asks how much salary she wants. She answered that the salary to sustain the cost of living in Chiang Mai is THB 20,000. Is this an optimal answer for Ms. Jane? How would you answer this question?
1 Explain why a Supply curve has different elasticities in the short run and in the long run
Select a product that seems to typify the traditional marketing concept, describe why you selected it, and explain how its marketing could be adjusted to be more value and retention focused. Include appropriate citations (research/references) with yo..
Suppose there is no cash in the hands of the non-bank public. What is the money supply based on the information above?
Are there specific differences between the short-run and medium-run implications of the increase in interest rate targets? Use the appropriate graphs (IS-LM and AS-AD) to illustrate your points. If relevant, include the liquidity trap in your analysi..
Suppose that there is a natural disaster that destroys part of the nations capital stock. Determine the effect on aggregate output, consumption, employment, and the real wage, with reference to income and substitution effects, and explain your result..
What are your thoughts on the potential tariffs being imposed will impact the stock market?
1. Describe the circular flow model of the free-market system. 2. How do consumers use cost-benefit analysis? Why do consumers make different decisions
The senate of Puerto Rico recently decided to raise the taxes on soft-drinks (Coca-Cola, Seven-Up, etc.) Graphically illustrate the effects of this tax on the market for hard liquor. Would a $1 increase in the excise tax on liquor increase the equili..
Derive and graph the import demand schedule for the economy. Suppose this economy is a small open economy and the world price of the good is $34. How many goods would be imported and home many goods? What is domestic production? What is domestic cons..
According to the World Development Report, in which areas there is absence of progress in closing gender gaps within and across developing countries?
The Marginal Rate of Product Substitution (MRPS) is the rate that one output must be decreased as production of the other output is increased. The most common form of MRPS is?
Which is the most recent country to be incorporated among the African countries?
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