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Why have soft drink firms chosen to use Aluminum cans over glass bottles to fill its contents? How does the recycling price of either glass vs. aluminum affect the cleanup of tossed containers? Does the recycle price offered on Aluminum cans over glass bottles offer these firms and added incentive to become part of this cleanup process?
In the early 1990's, a study found that moderate daily consumption of red wine reduced the incidence of heart disease in labratory rats. As a result of national press coverage of the report, the demand for red wine increased dramatically. Assume t..
consider the market for frozen concentrated orange juice which is a constant-cost industry. the long-run total costs of
a number of legal firms now offer services on the internet.1. in what respects does the market for legal services such
would you expect the price elasticity of demand to be higher at the level of an individual school or at the aggregate
what is the difference between a movement along and shift of the demand curve? show the impact on the equilibrium price
show on a supply-and-demand diagram and explain in words what will happen to the canadian exchange rate compared to the
The second firm finds that although demand is not perfectly elastic, it is now relatively more elastic. what will happen to the second firms marginal revenue curve and to its profit-maximizing price. competes with a second firm which had been a mon..
Assume total benefits and total costs are given through B(Y) = 100Y-8Y(squared) and C(Y)=10Y(squared). Determine the maximum level of net benefits?
Consider the tax depreciation for a $1,000 investment using both the modified accelerated cost recovery system (MACRS) and the straight line depreciation accounting systems. Show that the MACRS system is more beneficial economically. Use a 5-year ..
Some firms will lobby their legislative bodies to impose barriers to entry. Can anyone think of groups or firms that do this?
Suppose the price of widgets rises from $5 to $7 and consumption of widgets falls from 25 widgets a month to 15 widgets. Calculate your price elasticity of demand of widgets.
a doctoral student has just completed a study for her dissertation and found the following demand and supply
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