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Write a program which can conversion of values from kilometers to meters?
What determines price elasticity of demand for a product. key determinants of price elasticity of demand are as follows: i. Availability of close substitutes- gas stations across street, very elastic.
Select one topic, then post and concisely defend your view. You may post to both topics, but are required to only select one for your initial post. Be careful to identify the positive reasons for your normative position. Examples of Outsourcing. Iden..
Dale goes to the opera and ice hockey games. Draw a budget line for Dale. If the government imposes a 25% income tax on her, what happens to her budget line and opportunity set?
Assume that Mei has $100 per month to divide between dinners at a Chinese restaruant and evenings at Zanzibar, a local pub. Assume that going to Zanzibar costs $20 and eating at the Chinese costs $10. Draw the budget constraint and show that she can ..
q1. suppose that the market for wheat is characterized by the following demand and supply relationshipsdemand
The U.S. Bureau of Labor Statistics (BLS) collects unemployment and labor force participation data for a variety of groups of Americans (by age, gender, race, level of education, location, etc.). This data is available http://www.bls.gov. (You can fi..
Participate in a discussion with your classmates regarding a student’s CPI. Review the “EYE on Your Life” caption titled, A Student’s CPI, on page 183 in the textbook. Now that we have learned that the CPI shopping cart is filled with the items that ..
Suppose that basketball players are, during any given game, in one of three states: Hot (they make 75% of their shots), Normal (they make 50% of their shots), or Cold (they make only 25% of their shots). Suppose Steph Curry is Hot. What is the probab..
You were able to purchase two tickets to an up-coming concert for $100 apiece when the concert was first announced three months ago. Recently, you saw that StubHub was listing similar seats for $225 apiece. What does it cost you to attend the concert..
The basic difference between explicit and implicit costs is
Let us suppose that market demand and supply are represented in the following equations: What is the equilibrium price and quantity? What is producer surplus? What is the consumer surplus?
What factors in political/legal segment can have significant impact on U.S. restaurant industry? How does each of these factors shape the growth and changes of the industry?
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