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Write about what factors cause "changes in demand" or "changes in supply" -- anything that is not the price of the good or service. Then, post ONE example of how the weather, our economy or other factors affect the demand OR supply for a good or service that you know of or that you consume. One well-crafted paragraph will be enough for this topic. The examples I am asking for should refer to a specific increase or decrease in demand, or in supply.
The decision to take a stream of income available from sustainable forest management practices or clear cut timber on a private land depends on the interest rate. What are the implications of interest rate on the decision (both high and low)?
The difference between the amount of capital at the beginning of a year and the amount of capital at the end of the year is equal to
Define elasticity of demand and explain the difference between point and arc estimates. Why are some commodities classified as elastic while others are termed inelastic? Explain why elasticity of demand for a particular commodity will be greater:
In which market will a company arrange to receive currency for a transaction at a future date? The forward market, the currency futures market, the arbitrage market, the forward spot market.
The demand function for a firm’s product is Q = P-3. The firm’s marginal cost of production is constant at MC(Q) = 12. (a) Calculate the elasticity of demand, as a function of Q. what is the firm’s profit-maximizing price? what is the firm’s profit-m..
Suppose you are in charge of a toll bridge that costs essentially nothing to operate. The demand for bridge crossings Q is given by P= 15 - 0.5Q. How many people would cross the bridge if there were no toll? What is the loss of consumer surplus assoc..
Illustrate what is the highest possible beta approximate for the project before its NPV becomes negative.
Show long run effect on In Phillips curve diagram. If expectations are rational and increase in money growth is announced, what happens to In short run.
Describe the circumstances under which a firm chooses a low-cost strategy to attain sustainable competitive advantage. What about the situations when a differentiation strategy is chosen?
What are possible opportunity costs of opening Arctic lands to private extraction of as-yet unavailable resource endowments?
John Maynard Keynes who is considered to be the father of Macroeconomics by many once said "In the long-run we are all dead” to emphasize why decision-makers should not worry about long-run effects of policies. Changes in the money supply don’t have ..
Suppose the bakery determines that the demand for its muffins has changed. The shop can now sell 300 muffins at 85 cents each. IF the price is reduced to 75 cents, the shop can sell 350 muffins. How many muffins must be sold to maximize revenue? Dete..
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