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ECONOMIC ANALYSIS About India:
Developments in Science and Technology
A. Current technology available
B. Technological skills of labor force and general population
Channels of Distribution
A. Retailers 1. Number of retailers 2. Typical size/scale of operation 3. Role of chain stores or international retailers
B. Wholesale Middlemen?
C. Import/export agents?
D. Penetration of rural and urban markets
Illustrate what is the opportunity cost for Italy if they only produce 1 bushel of grapes? What about 1 computer.
Distinguish between ongoing demand pull and ongoing cost push inflation. Carefully draw them. Why might it be difficult to establish the extent to which a given rate of inflation is either demand pull or cost push?
Assume you do not think that the statement does have any credibility. Illustrate what is the expected impact of the resulting policy on your business.
1. let the gdp of an island be y 5000 its consumption given by the equation c 1200 frac34 y-t its investment i 1500
Estimate the own price-elasticity of demand.
A firm that is a natural monopoly Answer has very small fixed costs and very large marginal costs. can supply the entire market at a lower average total cost than two or more firms. cannot make an economic profit if it is not regulated.
the Cobb-Douglas production function given in equation 4-1 applies to a developing country. Instead of thinking of immigration from a developing to a developed country, suppose a developed country invests large amounts of capital (foreign direct i..
The division of taxing also expenditure functions between various levels government.
work decisions are based upon a comparison of priviate cost and the private benefit. The excludedable benefit of addtional work is measurable as the change in what options - income less transfer payments lost, gross income, net tax payments, adjus..
Describe when and why central banks buy either their own currency or the currency of another nation in an effort to control exchange rates.
Use real GDP, unemployment rate, customer price index, foreign exchange rate or auto sales, and oil or gas prices, make a 1,000 word paper in which you define each of indicators as related to the auto sales industry, and explain its current status.
Long Run Costs Suppose the firm has only three possible scales of production as shown below: a. Which scale of production is most efficient when Q =65 b. Which scale of production is most efficient when Q = 75 c. Trace out the long-run average cost c..
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