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Find a magazine or television ad (they are often also posted online) by a marketing order or commodity association. Does the ad seem effective? Would it make you buy more of the product?
You are the buyer for your university bookstore. One of the textbooks has a cost to you of $ 100 and you sell it to students for $140. Any copies of the book that you order and do not sell to students can be returned to the publisher for an average $..
Explain what this tells you as a consumer about the quality of McDonald's products
What are the major areas of concern in the Study of Microeconomics?
Which of the following are tools available to the Federal Reserve to influence the money supply directly?
Suppose that the supply curve for the labour to a firm is given by L = 100w and the marginal expense of labour curve is given by MEL =L/50. If the firm acts as a monopsonist, how many workers will it hire in order to maximise profits? What wage will ..
Workers covered by the Fair Labor Standards Act (FLSA) must receive overtime pay for hours worked in excess of 40-per-week of at least 1.5 times their regular.
Explain why if two mutually exclusive projects are being compared, the short-term project might have the higher ranking under the NPV criterion
Illustrate what is the equilibrium price of tickets to the event. Calculate the price elasticity of demand at the equilibrium price.
If the market is perfectly competitive then what is the level of deadweight loss created by this tax? What if the tax was 44 per unit?
The inverse demand function of a group of consumers for a given type of widgets is given by the following expression: π = −10q + 2000[$] where q is the demand and π is the unit price for this product. Determine the maximum consumption of these consum..
Question: Explain why a nation cannot continue to grow forever just by adding capital.
Increase in Government expenditure makes increase in real GDP via multiplier process. If the effective multiplier for fiscal policy is 2, how much change in government purchases would be required to close a 500 billion negative output gap, other thin..
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