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1. What would happen to the demand curve for movie tickets if the cost of making movies increased sharply?
2. What would happen to the demand curve for movie tickets if the price of a pay-per-view movie rental increased by $5.00?
3. What would happen to the equilibrium price and the supply curve for loaves of bread if the bakery agreed to give its workers a 10 percent raise in pay?
What are the major differences between simultaneous-equation and Box-Jenkins approaches to economic forecasting?
Consider an income-tax system that has four tax brackets. The following table shows the marginal tax rate that applies to the income in each tax bracket. Compute the average income-tax rate at income levels $10,000 and $20,000, and each increment of ..
As the economy expands and approaches the peak of a business cycle, which of the following tends to happen automatically, without a specific change in policy?
A) Determine the short-run firm supply curve. B) What is the short-run equilibrium price and quantity?
A firm in a purely competitive industry has a typical cost structure. The normal rate of profit in the economy is 5 percent. This firm is earning $15 on every $150 invested by its founders. What is its percentage rate of return? percent. Is the firm ..
How did the Federal Reserve let the banking system collapse in the 1930's Great Depression? Did The Fed get things right in our 2008 crisis and since then?
The sales manager for ABC Electronics wants to maximize his profit on the sale of two portable media player models, JVD-2000 and MDP-72. The wholesale costs of these models are $310 and $100 per unit respectively. Find the optimal number of the two d..
How much should be invested in each type of bond under the following? conditions?
q1. most restaurant customers tip according to a percentage rule between 15 and 25 percent of the bill. diners who have
The Heckscher-Ohlin model is about how factor abundance/scarcity affects trade. Consider factors such as capital, skilled labor and unskilled labor. It is usually held that developed countries are relatively abundant in capital and skilled labor, and..
A reputable study finds that a new workplace safety regulation will reduce the rate of economic growth of real GDP. Is this an argument against implementing the new reform? Why or why not?
the market for a new refrigerator for your company's lounge also You've narrowed down the search to two models.
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