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A Lower east-side cinema charges $3.00 per ticket for under 12 years of age and $5.00 per ticket for anyone 12 years of age or older. The firm has estimated that the price elasticity of demand for tickets by those 12 years of age or older is-2.0. Calculate what the elasticity of demand for tickets must be for children under 12 years of age if prices are optimal.
At the end of October, year 1, Specialty Training, an accrual-basis, calendar-year taxpayer, was hired by Dunbar Company to provide a six-week training program for its employees. Specialty was paid its full training fee of $30,000 on the first day of..
However, some argue that free trade leads to environmental degradation. Explain why free trade could actually help the environment.
From the regression output, estimate the demand function when income is $40,000 and price is $2 per gallon. Explain the result in terms of R-square, T-test, F-statistic, and signs of each X variables.
a producer produces good y using a single input x according to the production function yxa where 0ltalt1. the producer
What is private investment-Importance of PI (how changes in Fiscal policy can change it) in Pakistan-Private sector growth-Chancelling investment-Tariff and Quotes
Economist George Stigler once wrote that, according to consumer theory, "if consumers do not buy less of a commodity when their incomes rise, they will surely buy less when the price of the commodity rises."
Explain in briefly about two paragraphs the supply and demand analysis and the impact of government regulations at McDonalds.
Which of the following is a long-run macroeconomic policy goal? If the CPI was 132.5 at the end of 2003 and 140.2 at the end of 2004, the inflation rate over these two years was
Elucidate what is your interpretation as to whether or not capital gains taxes should be raised or lowered.
Assume that the Federal Reserve acts to lower interest rates. How this will affect the U.S. economy.
Which nation has the absolute advantage in the production of tanks. Why is it this country.
What is the marginal product of the variable input and Given the short-run equilibrium price of output, pe, is this firm producing in the short-run?
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