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Assume the value of the French Franc in terms of the dollar is:50 on October 12 , and 44 on October 17 . By how much has the Franc appreciated or depreciated against the dollar?The value of the Franc rises against dollar by 12The Franc has actually depreciated by 12%.The Franc has remained constant relative to the dollarThe dollar has actually appreciated by 12%.Use demand and supply analysis to assist you, determine the effects on the exchange rate in British pound and the Japanese yen from: a decrease in the price of British goods The yen depreciates, and the pound appreciatesThe yen appreciates, and the pound depreciatesThe yen depreciates, and the pound depreciatesThe yen appreciates, and the pound appreciates
Summarize the differences between the four market types. Provide a general explanation of how business may maximize profit within each market type.
Describe the effect of increase from 1998-1999. How would the increase in demand affect the price? How would the price effect depend upon the price elasticity of supply? Please describe how. (Explain the illustration instead of actually drawing it)
In the competitive market, the market demand is Qd=48 - 5p and the market supply is Qs = 7P. The equilibrium price is4
Formerly, market for air travel in Europe was highly regulated. Entry of new airlines was severely restricted, and air fares were set by regulation.
Find an expression for the marginal product of labor, MP L , when the amount of capital is fixed at 16 units, and then illustrate that mardinal producer of labor depends on the amount of of labor hired by calculating the marginal porducto of labor..
What is the competitive equilibrium price per ride and what is the equilibrium number of rides per day? How many boats will there be in equilibrium? In this competitive market, what is the aggregate profit?
What is the Marginal Rate of Transformation between sugar and tea?
Define the term "opportunity cost." Now that you have a definition of opportunity cost weigh the positives and negatives of taking a leave of absence from work and moving out of town to attend college full time, or maintaining your job while atten..
What does this decision by Wal-mart tell you regarding the price elasticity of the demand curve that it faces?
Having a little trouble setting this problem up. Would appreciate the detailed set up and solution. A production function has 2 inputs - labor and capital. Both are perfect substitutes. Existing technology permits 1 machine to do work of 3 workers..
The following is the production possibilities for a firm. At 0 labor units (strangely enough), there are 0 units produced. At 1 labor unit, there are 10,000 units produced, at 2 labor units, there are 25,000 units produced, at 3 there are 45,000, ..
David is horrified to see that the value of his favorite beverage has raised. Determine which of the following would unequivocally be responsible for this value raise?
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