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Assignment:
Requirement 1: Assume that you were a small country, what would you rather have a comparative or absolute advantage with trading? Explain your reasoning.
Requirement 2: Make up an example of a monthly demand schedule for pizza. Give an example of something that would shift this demand curve, and briefly explain your reasoning. Would a change in the price of pizza shift this demand curve?
Find a descriptive article (1 page or more) which deals with a current exchange rate issue. Briefly summarize the article. Include the article with the summary. [current in this case means 2013).
Describe a product that you are familiar with and outline its market structure - Using at least one of the techniques described in the article, discuss how you would price the product in order to maximize profits.
Find the change in the equilibrium level of output when there is a $10 increase in net export spending and the MPC =0.50, 0.75, and 0.80.
The only DVD rental club available to you charges $4 per movie per day. If your demand for movie rental is P=20-2Q, where P is the rental price and Q is the quantity demanded, what is the maximum annual membership fee you would be willing to pay to j..
A bond of the US government or a bond of an Eastern European government
How to determine your own leadership style. Using the tools mentioned in the text, conduct a self-assessment of your leadership style and skills.
What information about the economy do you think Doris would find helpful in evaluating an auto stock? Prepare a list-and be specific. Which three items of economic information (from your list) do you feel are most important?
Discuss your thoughts and ideas about using FDI as a mode of entry into a foreign market as compared to other methods such as exporting, licensing, etc.
Using the "Monopoly" model found in the Chapter 10 "Origin of Idea" module, explain why a monopoly will never operate in the inelastic portion of the demand curve? What are the underlying purposes of the antitrust policy in the United States? Thes..
How do you manage your product in an upcoming recession in terms of shifting the demand curve of your product to the right through non-price factors?Connect all above tools for analysis.
Now suppose current and future consumption are perfect complements you can only enjoy current consumption if you consume it with two units of future consumption (U = min{2C1, C2}). What is your optimal consumption bundle?
Find out the socially efficient price, units of output and profits? How much output would a monopoly produce? Find out the price and profits of the monopolist?
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