Ceteris paribus that is all other things equal or assuming

Assignment Help Microeconomics
Reference no: EM13372140

Ceteris paribus (that is "all other things equal," or assuming no changes to performance in future years and no change in costs), what advice would you give as the economic analysis team?

Assume that the proprietor(s) have non-economic factors which affect the decision as follows:

Your client states that it is worth $4,000 annually to be his own boss and not be a butcher any more. Would that change your advice? How and why?

Reference no: EM13372140

Questions Cloud

1 suppose the yield to maturity on a 2 year treasury note : 1 suppose the yield to maturity on a 2 year treasury note was 4.5 while the yield on a 1 year note was 5.5. assume that
Internalization1 operate in domestic market only least : internalization1. operate in domestic market only. least productive2. serve foreign markets through subsidiaries. more
Respond to the following criticism using the criteria below : respond to the following criticism using the criteria below criticismfunding for health care has become a standard
Markets in developed economies are approaching saturation : markets in developed economies are approaching saturation level. therefore mncs are searching for new untapped markets
Ceteris paribus that is all other things equal or assuming : ceteris paribus that is all other things equal or assuming no changes to performance in future years and no change in
Question 1 the jkl corporation the pqr corporation and the : question 1. the jkl corporation the pqr corporation and the xyz corporation have an oligopoly in making widgets a
In 1931 pepsi was almost broke the great depression hit it : in 1931 pepsi was almost broke. the great depression hit it hard and coke had most of the duopoly market for soft
Q1what common problems faced the ottoman qing russian and : q1what common problems faced the ottoman qing russian and tokugawa dynasties in the late nineteen century?q2what was
Foreign direct investmentprepare a power-point presentation : foreign direct investmentprepare a power-point presentation on toyotas international market strategy. be sure to

Reviews

Write a Review

Microeconomics Questions & Answers

  Illustrates aggregate supply in the immediate short-run

Assuming no change in hours of work, if real output per hour of work increases by 10 percent, what will be the new levels of real GDP in the right column of A Does the new data reflect an increase in aggregate supply or does it indicate a decrease..

  Why does a tax create a deadweight loss

Suppose the government wants to increase farmers" incomes. Why do price supports or acreage-limitation programs cost society more than simply giving farmers money?

  What role do fiscal n monetary policies have to lead to high

In other words, does it matter whether the deficit is caused by lower taxes, increased defense spending, more job-training programs, and so on In your analysis, what role do fiscal and monetary policies have to lead to higher

  Curtin university

In the analyses below, when drawing your diagrams assume that students can choose among only two products on campus, namely tobacco and food.

  Find the consumer price index (cpi)

Consider three consumer goods: 100 of Good A, 100 of Good B, and 100 of Good C. In the base year, Good A sold at a price of $1, Good B sold at a price of $1, and Good C sold at a price of $1. In the current year, Good A sold at a price of $3, Go..

  What is the new optimal price and quantity

Suppose the government imposes the following kind of sales tax: there is no tax for selling the first 35 units, but for selling every unit beyond the thirty-fifth unit, the seller has to pay the government an additional $12. What is the new optimal p..

  The interior in search of affordable labor

Multinationals operating in china has been setting up factories deep in the interior in search of affordable labor

  Compare the quantities demanded between old and new bundles

Suppose that the price of good X rises and the price of good Y falls in such a way that the consumer's new optimal consumption bundle lies on the same indifference curve as his old bundle. Graph this situation. Compare the quantities demanded be..

  Do you favor term limits for elected officials

Explain: “Politicians would make more rational economic decisions if they weren"t running for reelection every few years.” Do you favor term limits for elected officials?

  Explain the steps you took to get your answer

The average of 5 numbers is 52. Suppose five more numbers are included in the set of numbers and these five numbers equal 0, 100, 48, 90, and 50. What is the new average?

  The supply and demand for this product.

Supply and demand are foundational concepts in understanding economic theory. Whether you are a coffee drinker or not, you have been tasked to examine the impact of supply and demand when dealing with the coffee retail industry. A few companies..

  What is the marginal product of men

Consider the same animation cel auction as in problem 1. If instead you decide to hold a Vickrey Auction, what will person 2's bid be, if he is behaving optimally?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd