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Need help answering the following questions. Please provide a reference for each question.
Q1: Identify a personal economic decision that was driven by a behavioral bias rather than by pure rational behavior. Given your understanding of behavioral economics, how would your decision differ today?
Q2: Home Depot, a home and garden supply store, offers a 10% discount to active and retired military personnel, reservists, and to their families. Home Depot certainly has some market power, and can identify military personnel using their military identification cards. But doesn't arbitrage seem possible? Some possible reasons why this program doesn't get abused:
Can you think of other examples of price discrimination?
Q3: Would an organization benefit from using direct or indirect price discrimination. Why or why not? Provide an example.
Steel is labor intensive and rice is land intensive. According to the long run Heckscher-Ohlin model what happens when these two countries move frome no trade to free trade? Wages in France's rice industry? Wages in France's steel industry? The pr..
Illustrate price as well as quantity will maximize revenue. Elucidate the total revenue and price elasticity at this point.
Compare and contrast two different countries during a time period when they experienced financial crises.
Illustrate what school of thought would make this suggestion, and how do economists of that school justify that prescription.
Suppose a new law establishes a minimum teacher salary that is 20 percent higher than the prevailing salary. How would you expect this law to affect the average quality of teachers and the taxes paid by the typical household?
In regards to commodity chains, does microsoft exhibit backward or forward integration That is, has it bought its suppliers or does it buy from independent producers (As far as forward integration goes, i do not think that it fits).
which one of the following factors would most likely cause an increase in consumption i.e. an increase in the amount of
use the following to answer questions 1-4gross private domestic investment 46exports of the us 9disposable income
Research the certifications for our profession. These may include the CPA, the CIA, the CGFM or other recognized certifications. You may compare two or more certifications. Prepare a report explaining the educational requirements (research the req..
Does there seem to be a public interest in the special permission for the athletic industry or does this appear to be a case of unfair advantage at the expense of consumers?
Suppose that survey measures of consumer confidence indicate a wave of pessimism is sweeping the country. If policymakers do nothing, what will happen to aggregate demand. Explain what the Fed should do if it wants to stabilize aggregate demand.
a. Calculate the equilibrium level of income or real GDP for this economy. b. What happens to equilibrium Y if I(g) changes to 10? What does this outcome reveal about the size of the multiplier?
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