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Take a position: Mass marketing is dead versus mass marketing is still a viable way to build a profitable brand. Discussion-with marketers increasingly adopting more and more refined market.
Suppose a firm faces the demand curve which gives a constant price elasticity of demand of -2. (Lerner Index) If the firm's marginal cost is constant at $2, what is the profit-maximizing price and quantity? If the firm's marginal cost increases to a..
What is the elasticity of its demand with respect to advertising? Now suppose the theater increases the number of its ads to 250. Should the theater increase its price following this ad campaign? Explain.
If equilibrium national income is 3,500 billion while the national income and output (GDP) necessary for full employment is 3,900 billion (assuming an MPC of 0.6) then. What is the size of the GDP gap? What size change in government spending would el..
Illustrate what effect will each of the following events have on the current account balance and the exchange rate if the exchange rate is fixed.
Now assume you are an astute student of economics (not a hard assumption, we hope). Although all the arguments for restricting trade have their shortcomings, name the two or three arguments that seem to make the most economic sense to you. For each, ..
Anti-trust Measures. Identify a particular market that has experienced government anti-trust efforts or you think should have antitrust efforts. Analyze what type of market structure was in existence at the time of the anti-trust measures or is in cu..
Jose rents office space for $20,000 per year. He uses the office to fill out tax returns for 1
Create a draft of the graphs, summaries, and tables. You will be evaluated on the correct use of Minitab in performing the statistical tests. The results and analysis will be incorporated into your final paper.
What are the some of the shortcomings of real GDP from a welfare perspective? do you have any practical suggestions for revising the computation of GDP to achieve a better measure of welfare?
Explain how each of the following developments would affect the supply of money, the demand for money, and the interest rate. Illustrate your answers with diagrams.
Explain whether or not you believe modern media is an effective check on government action.
______An organization's shared values, beliefs, traditions, philosophies, rules, and role models for behavior represent its
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