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A firm uses third-degree price discrimination to sell the same cologne under two different labels. The price elasticity of demand for `High Class' is -1.25. The price elasticity of demand for `Splash-This-Stuff-On' is -2. Which one of the following statements is true?
What is the take home pay of the three options after state income taxes are paid? Which of these offers will you accept if you are only interested in maximizing your after tax income? Pennysylvania: After tax income = 62000 * (1 - 3.07/100) = 6009..
Here are four individuals telling you their stories of how they became unemployed. In a multi-paragraph essay, apply the theories of unemployment to explain the type of unemployment that each of these individuals is facing and explain which of these ..
1- explain how a policy mix like the one used in the 1990s could help reduce c eliminatethe budget deficit without
A movie theater has estimated that demand for a movie ticket can be written as P1=10-Q1 for senior citizens and P2 = 12 - Q2 for rest of the consumers.
name one developing country and determine the countrys top five exported and imported products for the most recent year
Suppose that in 1984 the total output in a single-good economy was 10,000 buckets of chicken and the price of each bucket of chicken was $10. In 2005 the price per bucket of chicken was $20 and 25,000 buckets were produced.
Suppose the Fed does not change the money supply. According to the theory of liquidity preference, what happens to the interest rate? What happens to the aggregate demand.
Explain the effects of tariffs and quotas on the GDP of a developing country
What is the business cycle and how is it linked to a secular trend? Describe each of the four phases of the business cycle and indicate how they a linked to the concepts of a "boom", a "recession" and an "expansion".
Suppose the U.S. Government removed tariffs in your industry. What impact would that have on D.R. Horton? Explain thoroughly and what are some obstacles would D.R. Horton might face with production in another country?
Different nations answer the what, how, and for whom questions differently. China for instance, builds dams using many workers and only a little capital equipment.
support the macroeconomic forecast using the real and financial frameworks that irelands unemployment rate will remain
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