Difference between hamburgers and computer files

Assignment Help Business Economics

Reference no: EM136448

Q1. Discuss one recent price change that you have noticed while visiting your local supermarket. Determine whether or not the price change that you identified was a result of a change in either supply or demand.

Q2. When you purchase and eat a hamburger, no one else can eat the same hamburger. When you download a file on the Internet, the file is still available for others to download. Economists explain this difference between hamburgers and computer files by saying that the hamburger.

Reference no: EM136448

Questions Cloud

Effective population size and the mutation rate : Most birth control methods are designed to remain the egg and sperm from uniting to form a zygote. How do they keep sperm from uniting with egg.

Amount of wheat and clothing produces : Assume there are no other countries willing to trade goods, so when there is no trade between these two countries, each country consumes the amount of wheat and clothing it produces.

Effect on the supply and demand : Show graphically the effect on the supply and demand for Bonds in a deflationary period.

Way to equalize incomes and wealth : What other economic factors are affected when taxes are raised or lowered, and how are they affected. Should the government increase tax rates on everyone as a way to equalize incomes and wealth.

Difference between hamburgers and computer files : When you purchase and eat a hamburger, no one else can eat the same hamburger. When you download a file on the Internet, the file is still available.

Factors involved in making decisions about pricing tobacco : If you were a manager in a tobacco company, analyze the elasticity of demand for tobacco products. Evaluate the factors involved in making decisions about pricing tobacco.

Quinns data includes income : As control variables, Quinn's data also includes income the individual earned in the month the data was collected, and the amount that it rained in the month the data was collected.

Price elasticity of demand over price range : A Fenway park, home of the Boston Red Sox, seating is limited to 39.000. Hence, the number of tickets issued is fixed at that figure. Seeing a golden opportunity to raise revenue.

What is nucleotide diversity (p) of coxi : Eighteen museum specimens of the extinct great Auk were used to amplify coxI, a mitochondrial gene for cytochrome oxidase. DNA sequence analysis of 600 nucleotides of coxI revealed 5 alleles and the number of nucleotide differences between them are s..

User Account

All Pages