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When the price of NBA tickets is $25 each, 30,000 tickets are sold for every game. After increasing the price to $30 each, 25,000 tickets are sold every game. What is the price elasticity of demand for NBA games after the ticket increase? Is demand elastic or inelastic? Is the increase a sound financial move? Why, why not?
What does an increase in fixed costs due to the average cost curve of small firms.
Assume that after the exchange of one permit, the marginal cost of abatement is for the firm that sold the permit for $170 also the marginal cost of the firm
For each values for the MPC, determine the size of the simple spending multiplier and the total change in real GDP demanded following a $10 billion decrease.
A farmer determined a natural gas preserve on his property.
Illustrate what role does comparative advantage play in trade among member nations
Illustrate what is the forecasted price of oil over the next 16 years using a discount rate of 5%.
Elucidate why it is important for managers to understand the mechanics of demand also supply in both short-run also long-run
If the company has not paid dividends, discuss why think the company is not paying dividends or whether they should consider adopting a dividend policy.
To what extent does educational planning in the policy decision ought to be guided by economic considerations
Find out the percentage change from last year to this year in the United States' nominal exchange rate with Russia
Calculate the output level and price that maximizes total revenue.
Elucidate how much the money supply will increase in response to a new cash deposit of $500 by completing the accompanying table.
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