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Which of the following is an explanation of a feedback effect?
A. When products have too many warning labels, consumers may not read any of them.
B. In some markets, sellers have more information about products than buyers.
C. People who have been in an industry are most likely to be asked to be regulators of the industry.
D. Regulators who are interested in keeping their jobs must please both the industry and consumers.
Suppose S-land imports beef. S-land is a small country on the world market - they face a fixed world price, Pw that their import marketing firms pay for imported beef.
the following relations describe demand and supply.q 700 - 100p 1 q -100 100p 2where p is price in dollar and q is
Discuss the law of demand. Graph the following demand- supply equations: Qd= 100- 0.5P Qs = P Compute the equilibrium price and quantity. Discover the excess demand, if the price is set at $50. Presume the government imposes a tax ($2/unit) on the se..
A company obtained $500000 for a necessary technology from a venture capitalist who charges them 24% compounded monthly. the agreement calls for no payment until the end of the first month of the fourth year, with equal monthly payments thereafter..
Why would firms accept their competitors’ coupons? Under what circumstances would a merchant prefer to use competitors’ coupons? Under what circumstances would they prefer to distribute their own coupons? (In answering these questions, use a price di..
1. what is the current federal funds rate?2. what is the current federal reserve discount rate?3. have these rates
1. which of the following statements is correct?a. real gdp is the total market value of the final goods and services
Why is the concept of elasticity important? What does it tell economists? Tell whether you would classify automobile production as either elastic or inelastic in the short run and long run. (Keep in mind that we are talking here about supply elas..
question 1briefly explain whether each of the following statements describes a change in supply or a change in the
If the inflation rate is higher than expected, which of the following groups in society would be most probable to gain? Anticipated inflation distorts markets more than does unanticipated inflation. Which of the following is not considered a cost of ..
write a 1050- to 1400-word paper in which you explain the importance of your selected businesss vision mission and
Normal 0 false false false EN-US X-NONE X-NONE Would Reaganomics (which is..
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