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Leaders of a small town are tired of looking at a vacant and dilapidated warehouse that sits on a prime piece of real estate. The town finds an investor who purchases the warehouse and promises to renovate the old building and build condominiums. Is this economic growth? Explain. Draw a graph to show the situation.
Explain how does each of the following affect the aggregate demand curve?
Imagine the opera has a capacity of 3000 seats and that all costs are fixed. If they can discriminate between the two groups, what is optimal price to charge to each group and how many tickets will each group buy?
This product, called Red Hat Linux, is a potential replacement for UNIX and other well-known operating systems. If you were in charge of pricing at Red Hat, what strategy would you pursue? Explain.
At a product price of $56, will this company produce in the short run? If it is preferable to manufacture, what will be the profit-maximizing or loss-minimizing output?
Compute point price elasticity of demand for this product.
Utilizing fully explained indifference curve analysis, derive a demand curve for a product.
Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.
Assume the United States government is planning changes in economic and social policy to decrease wage inequality.
For an economy at full employment, an rise in the quantity of money will lead to which of following sequence of shifts in aggregate demand and supply curves;
You need $50,000 cash throughout year. Your time is worth $100 per hour and it takes you a half-hour to get cash from your ATM. Your bank is paying 5% per annum passbook savings.
What are the stages in the marketing research process? What is the marketing research method you would use to conduct marketing research for this soap? Why would you choose this method? How would you use marketing research to make recommendatio..
Consider the following Solow model of growth. Both population and work force grow at the rate of n=1% per year in a closed economy.
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