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A local drama company proposes a new neighborhood theater in SanFrancisco. Before approving the permit, the city plannercompletes a study of the theater's impact on the surrounding community.
One finding of the study is that theater's attract traffic,which adversely affects the community. The city plannerestimates that the cost to the community from the extra traffic is$5 per ticket. What kind of an externality is this? Why?
At a product price of $56, will this company produce in the short run explain why or why not? If it is preferable to produce, what will be the profit-maximizing or loss minimizing output
Suppose a product sold in a competitive market is subject to a government price control. Suppose the regulated price is less than the free market equilibrium price.
The Hull Petroleum Corporation and Inverted V are retail gasoline franchises that compete in local market to sell gasoline to customer.
In the country A, all wage contracts are indexed to inflation. That is, each month wages are adjusted to reflect increases in cost of living as reflected in changes in price level. Explain answer with aggregate supply and aggregate demand curves.
The price of a wideget increases by 90%. what effect would we expect this to have on the equilibrium wage rate of workers who make widgets.
the manager of a perfectly competitive firm selling a product. Your business is making a loss because total revenue is less than total costs. What would you do--shut down or continue to operate? Use hypothetical numbers to explain. Information you..
If the rate of return earned on reinvested funds is 15 percent also the industry reinvests 40 percent of earnings in the firm, what must be the discount rate.
Construct a graph showing supply and demand in the electronic dog feeder market, using Microsoft Excel. 2. How are the laws of supply and demand illustrated in this graph? Explain your answers. 3. What is the equilibrium price and quantity in this ma..
Elucidate how these economic concepts can be used to address the firm's problems and opportunities.
Explain why do economists include only final goods in measuring GDP for a particular year and why dont they include the value of stocks and bonds sold?
Discuss how the Market trends of Starbucks Coffee WILL FACE. Focus on how each of the following will change or will not change and Way.
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?
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