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Groupon is a popular group buying and daily deals website. In a recent promotion, a local restaurant to sold buffet vouchers at a steep discount on Groupon's website. Customers who turn up at the restaurant without the vouchers will have to pay full price. Suggest reasons for the two - part pricing offered by the restaurant using the concepts of elasticities.
In late 1990s more than twenty-five domestic steel firms have filed for bankruptcy. A combination of low values with strong competition through foreign competitors and so-called legacy expenses of unions are cited as the primary reason why so many s..
Recognize the unemployment rate as an economic indicator for whirlpool, and describe why this indicator would be a good choice.
Manke a graph showing the relationship between two variables, X and Y . Determine whether the relationship is negative or positive
Suppose you have some information on a sample of investment bankers, and are interested in impacts of height and of seniority on their success.
Huang Industries is planning a proposed project whose estimated NPV is twelve million dollar. This estimate suppose that economic situations will be average.
In Milky Way Galaxy, a class of 2,000 students took a course in Astronomy. The 1st exam scores and final exam percentage reached earth, but transmission broke off after only a dozen students' scores were received.
Solve the forecast model
Choose two firms from different industrial sectors, e.g. high tech computers, health, customer non durables, cyclical etc.
Answer the following questions using the above data. Compute autonomous aggregate demand and compute the short-run output.
A multiplicative demand function form: Qd= a*P^b1*Y^b2*Po^b3 is determine using cross sectional data and 224 observations. The regression results were given below:
Auto Data manufactures custom engineering testing machine. The following 5-orders are currently in the design department:
Determine unemployment in the cattle Industry. Explain a current status of unemployment in the Cattle Industry.
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