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Q1. Assume the monthly demand for soda by a consumer is given by.
a. If the price of soda is $1 per can, explain how many sodas will the consumer purchase in a typical month?
b. Illustrate what is the elasticity of demand for soda?
Q2. Assume that a freeze in Florida wipes out 20 percent of the orange crop. Explain how will this event affect the equilibrium price and quantity of Florida oranges?
Q3. Boulder, Inc., exports chairs to Europe (invoiced in U.S. dollars) and competes against local companies of Europe. If purchasing power parity exists, why would Boulder not benefit from a stJorgeg euro?
Illustrate graphically the equilibrium of such a monopolistic firm.
The European Engine Company (EEC) is a multi-national manufacturer of small gasoline and diesel motors.
The cause and effect on how and why there was a government shut down a month ago.
Write down the profit maximization problem for the rm.
Given a binomial random variable with n = 60 and p = 0.36 find the probability of obtaining between 25 and 35 successes inclusive, to three decimal places.
Take into account the due dates. Prevent plagio. Late assignments have a penalty of two points. Submit assignments as attachment for easier correction.
Which fiscal balance is likely to be influenced and Explain how by treating human capital investments the same as physical capital investments.
Explain how could ABC use interest rate swaps to reduce the exposure of its cost of debt to interest rate movements.
How much income will each acre generate. What are the TR moreover MR for each acre.
The government announces that it will privatize the main bank in the country through the stock exchange.
Illustrate what would be the most optimal number of spaces, and Illustrate what are these corresponding prices.
Use indifference curves to distinguish between income and substitution effects, using the above techniques explain why the demand curve slope downwards, What are the main criteria for designing a tax system, To what extent do you think the national..
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