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Question: Colin's demand for golf at his local club each season is P = 100 - 2Q. If the golf course charges $20 dollars per round of golf, how much could it charge Colin in a membership fee before he would not play there?
In class we discussed an important contribution to statistics by William Sealy Gosset. Specifically, Gosset is credited with creating an important distribution.
Now "prove" that you've maximized profit by calculating profit at Q*+1 and Q*-1
How was it affected by the global financial crisis (GFC) in 2007-09? What country characteristics did it have that aggravated the impact of the GFC
How to Create a semiannual production plan using notional demand and inventory for a wine subscription box through amazon?
During world war 2, both Germany and England had plans for paper weapon:they each printed each other's currency, with the intention of dropping large quantities by airplane. Why might this have been an effective weapon ?
What is the maximum annual maintenance expense that you could afford to spend on your car over its life in order to reduce the cost of periodic major engine overhauls by $300?
Which of the following would cause a growth in the money supply? Answer yes, no, or possibly. If your answer is 'possibly' then explain the circumstances
One method of price discrimination for firms is the use of coupons and rebates. Firms are basically allowing consumers to self-identify their respective price elasticities of demand for a product.
Using data from the Bureau of Economic Analysis (bea.gov), answer the following questions. Graph the quarterly GDP from 1929 to present. Identify at least 5 major troughs in the business cycles using the graph.
Illustrate how can production functions, isoquant and isocost analysis, and other tools of microeconomics help decide the best path for the company to pursue.
Sandy James thinks housing values stabilized last months. To convince boss, intends compare current prices year prices. She collected 12 housing prices adds:
What is the main reason why economists would like to use the real wage when looking at changes over time?
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