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The director notes that most MSAs saw a decrease in consumer confidence of approximately 4%. Based on this information does the evidence support optimism for holiday sales if prices remain unchanged?
Could a change in price bolster revenues?
Explain your thoughts, supported by facts based on the information you learned throughout the term.
Determine the comparative advantage according to the classical model. Is the classical model's prediction of comparative advantage consistent with the comparative advantage in the real world given by the above example?
If a cinema could sell all its seats to adults in the evenings at the end of the week, but only a few on Mondays and Tuesdays, what price discrimination policy would you recommend to the cinema in order for it to maximise its weekly revenue?
What are the four sources of market failure? Explain how each of them causes individual profit- and utility-maximizers to make decisions that may be privately optimal but are socially suboptimal. What general policies might correct each of the instan..
Once again, in an hour, David can washcars or mowlawn, and Ron can washcars or mowlawn. Who has the comparative advantage in car washing, and who has the comparative advantage in lawn mowing?
Given that the total factor payments is $12,000, import spending is equal to $1,000, savings is equal to $15,000, net Taxes is equal to $2,000
How does your company or management go about estimating its sales? How does it determine the demand for new products so that it can make a production run?
Consider an economy in which consumers have identical preference and income. The income is determined randomly and exogenously in each period. Consumers prefer smooth consumption over time.
Discuss the differences between unemployment and underemployment and give examples of each. Include in your contribution the differences between fiscal and monetary policy and how each would be used to reduce high levels of unemployment.
Compute the following limit: x √3tan-x1(-x)√-3∏/3 lim→where as usual tan-1(x) denotes the inverse tangent function.
The final project provides you with an opportunity to use work from previous papers and discussion forums in formulating your paper, but it will also require additional research. You are required to adhere to APA (American Psychological Associatio..
What type of market do you consider the market for hops to be? How efficient is the market for hops? Explain why.
If real GDP remains at its? long-run potential? level, calculate the equilibrium price level
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