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If you were the owner of an online dating service, how would you differentiate your services from those of your competitors? How would such differentiations potentially create a greater demand for your online dating service? What would be your additional costs of providing those differentiations?
Assume that you are going to start a small business of your own. Further, imagine that you are able to adequately differentiate your product, or service so that you can establish your business as a monopolistically competitive firm. Describe the busi..
If country desires to smooth consumption, explain how much it should borrow in period 0. Illustrate what will level of consumption and trade balance is from then on.
What is the SEC. and what is it role in protecting the integrity of financial statements prepared and disseminated by publically traded companies
A college raises its annual tuition from $28,000 to $30,000 and its student enrolment falls from 4,877 to 4,715. Compute the price elasticity of demand. Is demand elastic or inelastic? Explain and show your work.
The government is concerned that the firm has grown too big, and splits it into two smaller firms of equal size. What effect would this have on overall profits?
Who's economy are we helping when we send job overseas?" There are so many aspects to this question, not the least of which is that many of the jobs we've sent overseas are low-skilled jobs that American don't want to do or are better done (for vario..
All other things being equal, by how much will nominal GDP expand if the central bank increases the money supply by $100 billion, and the velocity of money is 3? Suppose now that economists expect the velocity of money to increase by 50% as a result ..
Explain which of the four (4) components of GDP had, or is having, the greatest positive impact in our economy. Use the following historical tables to support your response. (Note: The US economy has been growing steadily since 2010.)
John’s family is expanding in number, and so he decides to sell his current home and upgrade to a larger home. He estimates that he can sell his current home for $400,000 and can buy a larger home for $475,000. He plans to use the entire $400,000 sal..
The president of the United Auto Workers has noticed that whenever he negotiates a pay increase for the UAW membership, the number of jobs available for the union membership is unaffected in the first few months of the contract, but over the followin..
Also the economy has G = $1100, I = $404, and XN = $15. Unemployment in the economy is currently 5.2% and inflation is 0.1%
1. The table below gives Bob's income and the price index for the last 4 years. Respond to parts a.
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