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"Competition in quality and in service may be just as effective as price competition in giving buyers more for their money." Do you agree? Why? Explain why monopolistically competitive firms frequently prefer nonprice to price competition.
Estimate how expensive the shopping basket plus a gallon of gas will be by 2019 if costs continue to rise as they did in the period from 2008 to 2013. (Hint: to determine the inflation rate in the price of each commodity do the following:) 2013 $ 78...
Clean water and sanitation are essential to the functioning of any city. Choose two cities from different historical periods, describe the public health issues associated with water/sanitation in those specific cities, and compare them to similar pro..
What are the characteristics (e.g., age, income, education) of the target market customers for the following products or services? (a) National Geographic magazine, (b) wired magazine, (c) Toronto Blue Jays baseball team, and (d) the Canadian open go..
You have been asked by your boss to estimate the cost to purchase a new piece of production equipment. The company purchased this same type of equipment in the past for $15,000. The original equipment had a capacity of 2,000 units, while the new equi..
The present value of a dollar rises as
Elucidate in detail the interrelationships between economic facts, theory, and policy. Critically evaluate this statement: "The trouble with economics is that it is not practical. It has too much to say about facts."
After 2008 the US Government sought the solution to the crisis. They consider between the Fiscal stimulus and the Monetary expansion. Use a positive-sloped LM and a negative-sloped is to show how Fiscal stimulus could expand the national output in on..
"Which government is right for you?" Perhaps a better way of saying it is this: would you like a caretaker type of government who looks out for you or would you like a hands-off type of government that basically let's you make your own decisions? For..
How would a more controlled access to credit by firms and individuals have reduced the over leverage of businesses and individuals and decreased the likelihood of the recent economic downturn?
Does built in stability mean assume that non-discretionary changes will take place automatically, provide tax rates and systems in a place.
If the economy were at a steady-state unemployment rate with a separation rate of 0.04 per month and a job-finding rate of 0.15 per month, and the labor force was 200 million, How many individuals would lose their jobs each month? What is the natural..
Allysha just borrowed 46,300 dollars. She plans to repay this loan by making a special payment of 5,800 dollars in 5 years and by making regular annual payments of 7,900 dollars per year until the loan is paid off. If the interest rate on the loan is..
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