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Discuss at least 2 reasons for the change in this scenario: Early suppliers of more fuel-efficient cars were able to charge premium prices for them, but that ability faded as other suppliers adopted similar technologies.
Technology has definitely changed with the fuel efficient cars. I just found out that cars are fully electric, which I think may have a cleaner air effect, but much harder to maintain. I would not want to have to worry if my car ran out of power and how far until I find the next plug in. Those cars became more popular because of the cost of fuel and the fuel efficiency it provided. I like the fact that you can decide if you want to use electricity or gas. Now that more charging stations are available they are more convenient to operate as well as the carpool incentives for purchasing specific models. As gas prices increase they become a sound purchase, but previously electricity was through the roof when charging these cars,but the use of solar energy solved that is
Describe the differences between GSM and CDMA. Discuss how GSM and CDMA support the mobile web applications you identified.
Give two examples, the first of a case where firms have a particular advantage over markets in coordinating economic activity, and the second where firms have a distinct disadvantage
The utility function of a worker is represented by U(C,L) = C×L. Suppose this person currently has 100 hours of leisure and $1200 in consumption in a given time period. What must the worker’s hourly wage rate be if she is maximizing her utility?
People have a demand for cars, and a market economy provides sweaters. There is evidence that people also have a demand for national defense, in that they are willing and able to spend some of their money on defense. In your response, briefly explain..
John is planning to retire in 15 years. Money can be deposited at 8% compounded quarterly. What quarterly amount must be deposited at the end of each quarter
Describe how government-supported big business during the Reagan Era effected the U.S. economy and labor unions.
Using derive the least square estimators. Where the lower case letters represent deviation from the variable’s mean. If you use upper case notation then the estimators become:
A normal good is being produced in a constant-cost, perfectly competitive industry. Initially, each firm is in long-run equilibrium. Briefly explain the short-run adjustments for the market and the firm to a decrease in consumer incomes. What happens..
Environmental sustainability is concerned with the relationship of a company to its environment and its use of finite natural resources since corporations are the biggest users of Natural Resources managing and maintaining these resources is critical..
For a normal good, the income and substitution effects
You work for a healthcare company that processes insurance payments. Your company is developing an application that can accept payments over the internet.
How might this impact stock price in the short term? How do you believe that management deals with these two sometimes competing goals?
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